Metro chairman Réal Raymond retiring

Réal Raymond, Metro Inc.’s chairman of the board of directors, is retiring as of January 26, 2021. He will be replaced by Pierre Boivin, a current independent director of the board.

Following a career at the National Bank of Canada where he held various positions, including president and CEO, Raymond joined Metro's board of directors in 2008. He became lead director in 2010, followed by chairman of the board in 2015. 

“On behalf of all shareholders, I wish to acknowledge the strong leadership of Réal Raymond who is retiring as chairman after serving Metro so well for all of these years,” said Eric La Flèche, Metro’s president and CEO, in a news release. “Réal's guidance and steadfast support of management have been essential to the success of Metro's growth strategy.”



Pierre Boivin, who was appointed to Metro’s board of directors in 2019, is president and CEO of Claridge Inc., a private investment firm. He’s also a member of the board of directors of various large Canadian corporations including the National Bank of Canada.

"It is an honour and a privilege to be selected by the board as incoming chairman," said Boivin in a news release, adding that he's very much looking forward to helping Metro "continue its growth and development."