Canadian retailer Metro Inc has appointed François Thibault as group CFO.
Thibault takes over from Richard Dufresne from 1 August, who quit the role in February to take up a position at an unnamed company.
Thibault joins Metro from Bombardier Aerospace where he was vice president of finance.
Metro runs over 600 food retail outlets in Canada under banners including Metro, Super C and Food Basics.
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METRO appoints its new Senior Vice-president and Chief Financial Officer
MONTREAL, June 22, 2012 /CNW Telbec/ - METRO INC. (TSX: MRU) announced today the appointment of François Thibault, CFA as Senior Vice-president and Chief Financial Officer. The appointment is effective August 1, 2012.
Mr. Thibault will lead all of the Company's financial management and reporting functions, as well as treasury and investor relations, legal affairs, strategic planning and corporate development.
Since 1999, Mr. Thibault has held various strategic positions with Bombardier and he was Vice-president, Finance of Bombardier Aerospace since 2009. Prior to 1999, Mr. Thibault held senior financial positions with large companies in the printing and telecommunications industries.
Mr. Thibault holds a Master of Science (Finance and International Business) from the University of British Columbia and a Bachelor in Business Administration from Université de Sherbrooke.
"I am very pleased to welcome François to the Metro executive team. His strong financial experience, expertise and dynamic leadership will allow him to contribute positively to the Company's growth", said Eric La Fleche, President and Chief Executive Officer of Metro Inc.
METRO INC.
With annual sales of over $11 billion and over 65,000 employees, METRO INC. is a leader in the food and pharmaceutical sectors in Québec and Ontario, where it operates a network of more than 600 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as over 250 drugstores under the Brunet, The Pharmacy and Drug Basics banners.
