MONTREAL, April 7, 2016 /CNW Telbec/ - Richelieu Hardware Ltd. (« Richelieu » or the « Corporation ») (TSX: RCH), announced today that Mr. Jean Douville has completed his mandate on the Corporation's Board of directors and has elected not to renew his candidacy for re-election at the Corporation's annual and special meeting of shareholders. Richelieu's management wishes to thank Mr. Douville for his important contribution as a member of its Board of Directors and wishes him well in his future endeavors.
In replacement of Mr. Douville, Richelieu is proud to announce the election of Mr. Pierre Pomerleau to its Board of directors. Since 1997, Mr. Pierre Pomerleau acts as President and Chief Executive Officer of Pomerleau Inc., a leading general contractor with extensive expertise in all facets of the Canadian construction business, from medium to large-scale institutional, industrial, commercial, infrastructure and civil engineering projects. Mr. Pomerleau previously held a variety of progressively senior management roles within the Pomerleau group of companies. Mr. Pomerleau graduated with a Bachelor in Civil Engineering from École Polytechnique de Montréal and holds a Master of Business Administration degree from the University of Western Ontario's Richard Ivey School of Business.
The Corporation's Board of directors welcomes Mr. Pomerleau and looks forward to benefiting from the wealth of his experiences. With the arrival of Mr. Pomerleau and the skills and expertise of the other re-elected directors, we are confident in Richelieu's ability to skillfully navigate future challenges.
About Richelieu Hardware Ltd.
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, storage and closet, home furnishing and office furniture manufacturers, residential and commercial woodworkers, and 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 over 110,000 different items targeted to a base of more than 70,000 customers who are served by 66 centres in North America – 36 distribution centres in Canada, 28 in the United States and two manufacturing plants in Canada, specifically Cedan Industries Inc. which specializes in the manufacturing 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.
SOURCE Richelieu Hardware Ltd.
For further information: Antoine Auclair, Vice-President and Chief Financial Officer, Tel: (514) 336-4144, www.richelieu.com