MONTREAL, Jan. 21, 2013 /CNW Telbec/ - The President and Chief Executive
Officer of Richelieu, Mr.Richard Lord, announces that Mr. Robert Chevrier
will step down as Chairman of the Board of Richelieu, a position he has held
since April 2005, Richelieu having benefited from his counsel as Director
since 1991. Mr.Chevrier has agreed to sit on Rona's Board as Executive
"We wish Robert Chevrier the greatest success in his new responsibilities with
Rona, a company we have been proud to count among our customers for several
years. Richelieu has benefited from Mr. Chevrier's experience and counsel for
over 20 years, and he has contributed to the Company's success. Richelieu's
Board members and management and our team join me in highlighting this
contribution, and we sincerely thank him," indicated Mr.Lord.
Mr. Richard Lord also announces that Mr. Marc Poulin, President and Chief
Executive Officer of Sobeys Inc., will be elected as Director of Richelieu at
the next Board meeting to be held on January 24, 2013. Holding an MBA and a
Bachelor of Actuarial Sciences, Mr. Poulin has a wealth of experience in
management, marketing and strategic merchandising in the retail industry,
having held various senior management positions with Sobeys Québec Inc. over
the past twelve years, and previously for eight years with Provigo
"We will be pleased to welcome Mr. Marc Poulin as Director. His extensive
specialized experience and his dynamism will be of great benefit to
Richelieu," added Mr. Richard Lord.
Profile of Richelieu as at January 21, 2013
Richelieu is a leading North American distributor, importer and manufacturer
of specialty hardware and complementary products. Its products are targeted to
an extensive customer base of kitchen and bathroom cabinet, furniture, and
window and door manufacturers plus the residential and commercial woodworking
industry, as well as a large customer base of hardware retailers, including
renovation superstores. Richelieu offers customers a broad mix of high-end
products sourced from manufacturers around the world. Its product selection
consists of more than 90,000 different items targeted to a base of some 70,000
customers who are served by 60centres in North America - 34distribution
centres in Canada, 24 in the United States and two manufacturing plants in
Canada, specifically Cedan Industries Inc. which specializes in the
manufacture of a wide variety of veneer sheets and edgebanding products and
Menuiserie des Pins Ltée which manufactures components for the window and
door industry and a broad selection of decorative mouldings.
Richard Lord,President and Chief Executive Officer
SOURCE: RICHELIEU HARDWARE LTD.
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