Business
METRO announces the retirement of François J. Coutu and the appointment of Alain Champagne as President of the Jean Coutu Group
METRO announces the retirement of François J. Coutu and the appointment of Alain Cham...
About this update from Metro Inc.
[{"type":"text","content":"\n\n\n\nMETRO announces the retirement of François J. Coutu and the appointment of Alain Champagne as President of the Jean Coutu Group\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTRÉAL, April 17, 2019\n\n\n\nMONTRÉAL, April 17, 2019 /CNW Telbec/ - Mr. François J. Coutu will retire as President of the Jean Coutu Group (PJC) Inc., the pharmacy division of METRO Inc., as of May 31.\n\"Having devoted most of my professional life to the Jean Coutu Group and seeing how the combination with METRO is now well on track to ensure its sustainability over time, I have decided to retire knowing that I'm leaving in place a great brand, a strong business model and an excellent team\", declared Mr. Coutu.\nMr. Coutu is a seasoned leader and businessman who, together with his team and our pharmacist-owners, has contributed to making PJC Jean Coutu pharmacies a leader in its sector as well as a brand admired and loved by all Quebecers.\n\"I would like to congratulate François for his very significant contribution to the success of the Jean Coutu Group since 1983 and I am pleased to be able to continue to work with him as a member of our Board of Directors,\" stated Mr. Eric R. La Flèche, President and Chief Executive Officer of METRO.\nMr. Coutu will also remain a pharmacist owner in our network, with three pharmacies under the Jean Coutu PJC banner.\nMr. Alain Champagne will succeed Mr. Coutu as President of the Jean Coutu Group.\n\"I am pleased to welcome Alain to our team. We are confident that Alain will be very successful as the leader of our pharmacy division given his extensive experience in the pharmacy and retail sectors as well as his proven ability to deliver results,\" added Mr. La Flèche.\nWith nearly 30 years of experience in major international companies, Mr. Champagne will be responsible for completing the combination of the Jean Coutu Group with METRO while ensuring the development of the division.\n\"I am delighted to join METRO to lead its pharmacy division. I look forward to contributing to the division's gr...