MONTREAL (FNS) -- Metro's board of directors has given Pierre Lessard, president and chief executive officer, a vote of confidence by renewing his mandate until 2007. Lessard's current mandate was to end in 2003. Since joining the company in 1990, Lessard has vastly improved the fortunes of Canada's third-largest grocer, increasing earnings to $77.5 million ($123 million Canadian) last year from a loss of $5.6 million in 1990. Sales during the last 11 years have grown 122%, while Metro's ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.