Rona Makes Major Board-Level Changes
Rona, Inc., a distributor and retailer of hardware, home renovation and gardening products, named Robert Chevrier as Executive Chairman of the Board. With the support of its two largest shareholders, including the Caisse de dépôt et placement du Québec, Rona will also add eight new board members. The Boucherville, Québec-based company, which faced a C$1.8 billion takeover bid from Lowe's Companies Inc. in 2012, is also recruiting a new CEO.The Boucherville, Québec-based company, which faced a C$1.8 billion takeover bid from Lowe's Companies Inc. in 2012, is also recruiting a new CEO.
23 January 2013•7 mins read
