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Medavie Announces Retirement of CEO Pierre-Yves Julien

January 12, 2016

Medavie announced today that, after more than two decades in a leadership role with the company, Chief Executive Officer (CEO) Pierre-Yves Julien plans to retire later this year. He will continue on as CEO in the coming months as the Board works to identify an appropriate replacement.

“It has been both my pleasure and privilege to lead this organization and our incredible team of dedicated employees for most of my career, but I am ready to begin the next chapter,” said Julien. “The timing feels right for me personally and for the company. The role has provided me a unique ability to shape the direction and build a strong leadership team. Today, we are the country’s leading Blue Cross plan and the largest provider of Emergency Medical Services in Canada and largest ambulance operator in Massachusetts.”

“At the same time, the Medavie Health Foundation has committed more than $6 million dollars since late 2011 to support initiatives focused on mental health and type 2 diabetes,” Julien added. “With a growing capital base of more than $40 million, we are making strategic philanthropic investments to improve the health of Canadians. I believe Medavie is poised to build on the strength of our past for a great future.”

The Board has appointed a special committee to recruit Julien’s successor, beginning this month. The committee has engaged Mark Surrette, co-founder of Knightsbridge Robertson Surrette, to lead the executive search.

“Pierre-Yves has been instrumental in leveraging Medavie’s Atlantic Canadian roots to build a diverse and innovative health care organization with more than 6,000 employees across Canada and in Massachusetts,” said Michael Decter, Medavie Board Chair. “It has been my pleasure to work with him over the past several years and I believe that he has created both a legacy and a vision that will allow us to attract a strong pool of candidates to lead Medavie into the future.”

Pierre-Yves Julien – Biography

About Medavie

Medavie is an out-of-hospital health services company. We integrate benefits management, health management and health care delivery through two operating companies, Medavie Blue Cross and Medavie EMS. Together, with our more than 6,000 employees, we are committed to providing innovative solutions that will help build a healthy Canada. And from our perspective, this will require Canadians to think about health care differently.

With over one million cardholders throughout Canada, Medavie Blue Cross a not-for-profit organization that provides health, dental, travel, life and income replacement products to small and large companies and individual customers. We also administer various government sponsored health programs, including Veterans Affairs Canada and Citizenship and Immigration Canada.

Medavie EMS is the largest provider of Emergency Medical Services in Canada and largest ambulance operator in Massachusetts. Our operations span ground and air ambulance services, medical communications, clinical training, and community health solutions.

Our commitment to a different kind of health care is further evidenced in the Medavie Health Foundation, where we channel 10 per cent of annual net income to improve the health of Canadians in the areas of child and youth mental health and type 2 diabetes.