Boucherville, Quebec, June 20, 2012 – RONA inc. (TSX: RON, RON.PR.A), the largest Canadian distributor and retailer of hardware, renovation and gardening products, announces that Michael Storfer will leave his position as the Corporation’s Vice President, Commercial and Professional Market and President of Noble, on Friday June 22, 2012.
Michael Storfer is leaving RONA after having participated directly in every stage of RONA’s growth in the Commercial and Professional Market division created in 2007 following the acquisition of Noble, a specialized plumbing company he founded almost 20 years ago.
“Michael is a dynamic entrepreneur and leader whose commitment to growing our Commercial and Professional Market division was untiring. He has built a very solid company, leader in its market with an experienced management team and dedicated employees. I wish him all the best in his future projects,” says Robert Dutton, RONA’s President and CEO.
Starting Friday, Jim Anderson, currently Vice President of Sales at Noble, will become General Manager of RONA’s Commercial and Professional Market division and Noble. Based at RONA’s Commercial and Professional Market division administrative office in Concord, Ontario, Jim joined Noble in 2004 and has been a key contributor to the successful expansion of the company since that time.
“We strongly believe in the future of our Commercial and Professional Market division. It is a key component of RONA’s business strategy,’’ says Robert Dutton. “We wish Jim the very best in his new role and look forward to working with him and his team to continue growing the division’s activities across the country and to maintain its excellent customer service standards.”
RONA is the largest Canadian distributor and retailer of hardware, home renovation and gardening products. The Corporation operates a network of close to 800 corporate, franchise and affiliate stores of various sizes and formats under several banners, and a network of 14 hardware and construction materials distribution centres which are flexible and perfectly adapted to the diverse needs of its clientele. RONA is also a leader in the specialized plumbing and HVAC market, primarily serving commercial and professional customers with a network of close to 60 sales outlets and four specialised distribution centers across the country.
In total, RONA supplies nearly 1,500 sales outlets, of which some 860 are under one of its banners, as well as more than 600 clients, independent dealers, in its distribution network. With more than 30,000 employees working under its family of banners in every region of Canada, the RONA store network generates consolidated sales of $4.8 billion and over $6 billion taking into account the total impact of the retail sales of franchise dealers, affiliates and other independent dealers who buy their supplies at RONA. For more information, please visit rona.ca.