Sylvain Prud’homme, president of Lowe’s Canada, has announced his retirement from the company. Pending his permanent replacement, Tony Cioffi, executive vice-president, finance, real estate and dealers, will be acting as interim president. “After more than 35 years in the retail industry in roles that have taken me across the country, including six years with Lowe’s Canada, it is with mixed feelings that I am announcing my retirement. We have accomplished a lot over the last several years, and I feel that the time is right for me to spend more time with my wife and family and hand over the reins of the company. I feel blessed to have had this opportunity and thank all Lowe’s Canada associates for their hard work for the organization,” Prud’homme said in a statement.
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