RONA names ex-Loblaw exec as new CEO

Andrew Iacobucci has been appointed CEO of RONA inc. The news comes one day after the company announced layoffs and restructuring across its organization. Iacobucci will replace Garry Senecal, RONA’s interim CEO, who will stay on until the end of the year to ensure a smooth transition.

Prior to joining RONA, Iacobucci was EVP and chief commercial officer at US Foods, a food distribution company based in the Chicago area. Before that, he spent 10 years at Loblaw Cos. 

(We’ll have more intel on this hire and the elimination of 500 positions at RONA in Monday’s edition of our Hardlines Weekly Report! If you’re not receiving the Hardlines Weekly Report every Monday morning, you’re not getting the full story. Click here for a free trial!)