RONA Inc. names CEO, restructures

Andrew Iacobucci is chief executive officer (CEO) of RONA inc. Previously, he was executive vice-president and chief commercial officer at US Foods. He replaces Garry Senecal, who was interim CEO until the position was filled. The change comes alongside a restructuring announcement from the retailer whereby it will simplify its organizational structure to strengthen its position on the marker and be more efficient. This change resulted in the elimination of 500 positions within the RONA network in Canada.