Power Sustainable, a leading sustainability-focused alternative asset manager, today announced the appointment of Bruce Heyman, former Goldman Sachs partner and U.S. Ambassador to Canada, as its new Chief Executive Officer. Mr. Heyman is joining Olivier Desmarais and his team, in order to accelerate growth, particularly in the U.S. market, and to further establish Power Sustainable as a global leader in sustainable investments. Mr. Desmarais will remain Chairman of the Board.
(Bloomberg) -- Power Sustainable, an investment firm controlled by Canada’s billionaire Desmarais family, tapped Bruce Heyman as its chief executive officer with a mandate to attract more capital from global institutional investors. Most Read from BloombergA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsThe Corner Store ComebackNew Rowhouses in London That Offer a Bridge
Over the last 7 days, the Canadian market has remained flat, but it is up 21% over the past year with earnings forecast to grow by 15% annually. In this promising environment, identifying strong dividend stocks can provide both income and potential for capital appreciation.