Jacques Farcy is SAQ’s new President and CEO

MONTREAL – Jacques Farcy, who has held the position of president and CEO of the Société québécoise du cannabis (SQDC) for the past two years, will now head up the Société des alcools du Québec (SAQ), the crown corporation announced on Wednesday.

The Quebec government’s council of ministers appointed Jacques Farcy President and CEO of the SAQ on Wednesday. Farcy will assume his new duties on June 26.

Catherine Dagenais had been at the helm of the SAQ since 2018, and is now retiring. She worked there for 23 years.

“I am very enthusiastic about the prospect of contributing to the SAQ’s development and working with each member of the great SAQ team, to satisfy each and every customer on a daily basis and generate value for Quebec,” Farcy said in a press release.

Jacques Farcy previously worked for the SAQ between 2015 and 2021. His positions included Vice President, Marketing and Sales Network Operations. He also holds an Executive MBA from HEC Montréal – McGill University, as well as a diploma from the Institut Commercial de Nancy, in France.

The businessman “has over 30 years experience in strategic management and the development of corporate omnichannel strategies”, reads the press release issued by the SAQ.

During his tenure at SQDC, Farcy contributed to the implementation of 90-minute delivery in several regions of the province, and prepared the Crown corporation’s next strategic plan.

“I congratulate Mr. Farcy on his appointment as President and CEO of the Société des alcools du Québec. On the strength of his management experience and his knowledge of the corporation, I am confident that he will be able to effectively support its development and performance, for the benefit of all Quebecers”, commented Finance Minister Eric Girard in the same press release.

This report by The Canadian Press was first published in French on June 14, 2023.