MRU.TO - Metro Inc.

Toronto - Toronto Delayed Price. Currency in CAD

Metro Inc.

11011 Maurice-Duplessis Boulevard
Montréal, QC H1C 1V6
Canada
514-643-1000
http://corpo.metro.ca

SectorConsumer Defensive
IndustryGrocery Stores
Full Time Employees41,213

Key Executives

NameTitlePayExercisedYear Born
Mr. Eric Richer La FlèchePres, CEO & Non-Independent Director1.96M5.47M1962
Mr. François ThibaultExec. VP, CFO & Treasurer902.74kN/AN/A
Mr. Serge BoulangerSr. VP of National Procurement and Corp. Brands564.95k211.59kN/A
Mr. Christian BourbonniereExec. VP & Head of Quebec Division801.69kN/AN/A
Mr. Carmen FortinoExec. VP, Ontario Division Head & National Supply Chain1.02MN/A1959
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Metro Inc. operates as a retailer and distributor in the food and pharmaceutical sectors in Canada. It operates food stores, including supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, general merchandise, non-perishable goods, dairy products, bakery products, pastries, and deli products, as well as Mediterranean and Middle-Eastern products; and drug stores and pharmacies. As of September 29, 2018, the company operated a network of 333 supermarkets under the Metro and Metro Plus brands; 97 discount stores under the Super C brand name; 57 stores under the Marché Richelieu brand; and 131 discount stores under the Food Basics brand name. It also operates 12 stores under the Adonis banner and 27 stores under the Première Moisson banner. As of the above date, the company operated 28 drugstores under the Drug Basics banner and 44 drugstores under the Metro Pharmacy banner. In addition, it acts as a franchisor and distributor for 417 PJC Jean Coutu, PJC Health et, and PJC Health & Beauty drug stores, as well as 180 Brunet Plus, Brunet, Brunet Clinique, and Clini Plus drug stores. Further, the company manufactures generic drugs. Additionally, it is involved in the online sale of meal-kits through MissFresh brand. The company serves restaurants, small stores and markets, convenience stores, and non-franchised drugstores and various health centers, as well as consumers. Metro Inc. was founded in 1947 and is headquartered in Montréal, Canada.

Corporate Governance

Metro Inc.’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.