Lowe’s Canada succession: retail veteran quashes rumours

SPECIAL REPORT ― Following the departure of Lowe’s Canada CEO Sylvain Prud’homme, the industry is waiting to see who will replace him in the top job for the Canada division. One person who will not be replacing him is Lyne Castonguay. With executive degrees from Harvard, Castonguay is a veteran of Home Depot in the U.S. and more recently part of Sobeys under ex-Canadian Tire head Michael Medline. Her possible appointment was a rumour that got a lot of traction among some head offices in the industry, and then found its way into the Quebec media. In an email message that came to the attention of Hardlines, she politely insists that she is not in line for the job.