CGI Appoints New CEO to Drive Growth in AI Era
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Source: PRnewswire
- New CEO Appointment: CGI has appointed Tim Hurlebaus as the new Chief Executive Officer, succeeding François Boulanger, who has nearly 40 years of experience in the IT services industry, marking a significant leadership change aimed at driving growth in the AI era.
- Extensive Industry Experience: Hurlebaus brings over 35 years of experience in IT consulting services, having overseen CGI's operations in the U.S., U.K., and Australia, which collectively account for nearly half of the company's annual revenue, and is expected to leverage this experience to enhance success in complex digital initiatives.
- Commitment to Strategic Growth: Hurlebaus has pledged to harness AI technologies to create value for clients and strengthen the company's leadership position in the global market, emphasizing the importance of the trust CGI has built with clients over the past 50 years, especially in the context of rapid technological advancements.
- Contributions of Former CEO: François Boulanger successfully drove CGI's business and operational strategies during his tenure, and Hurlebaus's appointment is seen as a crucial step in continuing to build on this solid foundation, ensuring the company maintains its competitive edge in the future.
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Analyst Views on GIB
Wall Street analysts forecast GIB stock price to rise
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 66.970
Low
81.00
Averages
129.22
High
270.00
Current: 66.970
Low
81.00
Averages
129.22
High
270.00
About GIB
CGI Inc. is a Canada-based independent information technology (IT) and business consulting services company. It delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (France, Portugal and Spain); United States (U.S.) Commercial and State Government; U.S. Federal; Canada; Scandinavia, Northwest and Central-East Europe (primarily Sweden, Netherlands, Norway, Denmark and Czech Republic); United Kingdom (U.K.) and Australia; Germany; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. It also has a presence in other European countries and Morocco.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Global Partnership Network: By expanding its global alliance partnership network, CGI embeds AI capabilities into its workflows, further advancing the governance, security, and controls necessary for enterprise environments.
See More
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- Intelligent Assistant Application: The newly introduced AI assistant, Samantha, utilizes natural language processing to answer user queries and provide process guidance, helping users independently complete complex tasks in their daily work, which significantly improves efficiency and user experience.
- Decision Support Optimization: AI-generated summaries and intelligent recommendations provide users with clear overviews of transactions and real-time data insights, allowing decision-makers to quickly grasp key details, thus accelerating approval processes and enhancing decision quality.
- Governance-First Strategy: CGI applies a governance-first approach both internally and in client services, ensuring that AI functionalities meet regulatory and security requirements while allowing agencies to configure AI capabilities based on roles and needs, thereby enhancing control and transparency over AI adoption.
See More
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- OmaPosti Platform Support: The new agreement will support the development of new solutions around Posti's OmaPosti platform, which serves 2.7 million users in Finland, further driving digital transformation and innovation.
- Digital Messaging Capacity: CGI processes nearly 500 million digital messages and 19 million paper letters annually in Finland, highlighting its significant role in the Finnish communications ecosystem and enhancing the potential of its partnership with Posti.
See More
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- OmaPosti Solution Launch: The two companies will introduce new market products built around the OmaPosti solution, which is used by 2.7 million people, enhancing customer engagement and improving cross-channel reach, further driving the development of digital services.
- Digital Transformation Support: CGI plays a crucial role in Finland's communications ecosystem, handling nearly 500 million digital messages and 19 million paper letters annually, and this partnership will promote a more integrated omnichannel solution, enhancing the measurability and developmental potential of communications.
See More
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- Comprehensive Coverage: The partnership covers the entire communications value chain from printing to digital channels, enabling more centralized and efficient communication management to meet the increasing demand and diverse channels, thus enhancing service flexibility and responsiveness.
- OmaPosti Solution: New market solutions will be launched around the OmaPosti platform, which is already used by 2.7 million people, enhancing customer engagement and improving cross-channel reach, thereby driving business growth.
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See More
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- Financial Performance: CGI reported revenues of CA$15.91 billion for fiscal 2025, and with a global network of 94,000 professionals, it is committed to helping clients achieve digital transformation through a local relationship model complemented by a global delivery network, further solidifying its market position.
See More
