Richelieu Hardware Ltd. announced that Mr. Robert Chevrier will step down as Chairman of the Board of the company, a position he has held since April 2005, Richelieu having benefited from his counsel as Director since 1991. Mr. Chevrier has agreed to sit on Rona's Board as Executive Chairman. The company also announced that Mr. Marc Poulin, President and Chief Executive Officer of Sobeys Inc., will be elected as Director of Richelieu at the next Board meeting to be held on January 24, 2013.

Mr. Poulin has a wealth of experience in management, marketing and strategic merchandising in the retail industry, having held various senior management positions with Sobeys Qu bec Inc. over the past twelve years, and previously for eight years with Provigo Distribution.