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Metro Names New S.V.P./C.F.O. to Help Guide A&P Merger Strategy

MONTREAL -- Canadian food retailer Metro, Inc., based here, has appointed Richard Dufresne to the position of s.v.p. and c.f.o. Dufresne played an important part in Metro's acquisition of A&P Canada in July 2005.

The financial exec has worked in investment banking since 1992, particularly in the areas of financing and mergers and acquisitions. "His knowledge, drive, and experience bring a new perspective that will be positive for the organization going forward," noted Metro president and c.e.o. Pierre H. Lessard in a statement.

In his new role, Dufresne will head up Metro's finance team and support the retailer's corporate strategy in the wake of the acquisition.

With over 65,000 employees, Metro operates nearly 600 food stores in the provinces of Quebec and Ontario under the Metro, Metro Plus, Super C, A&P, Dominion, Loeb, and Food Basics trade names, along with more than 250 pharmacies under the Brunet, Clini-Plus, The Pharmacy, and Drug Basics banners.
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