– CANADA, Winnipeg – The North West Company Inc. (TSX:NWC), announces the resignation of Gary Merasty as a member of its Board of Directors, effective April 11, 2018, so that Gary can join the Company, effective May 1, 2018, in a senior executive role, accountable for Heath Products & Services, Store & Community Development and new ventures with an emphasis on indigenous business partnerships.
Also effective April 11, 2018, North West announces the appointment of Deepak Chopra to its Board of Directors. Mr. Chopra is the former President and CEO of Canada Post.
H. Sanford Riley, Chairman of the Board, said, “Gary Merasty has been a valued member of our Board for over seven years and we are delighted that he will now play a key role on the Company’s management team where we know he will make a great contribution focused on our potential growth in partnership with the indigenous communities that we serve. At the same time, we are very pleased that Deepak Chopra has agreed to join our Board. Deepak has had a distinguished career as a leader in Canadian and international business. Deepak brings c-level insights and skills which will help inform our strategies broadly and specifically related to logistics, technology and e-commerce. We welcome him to The North West Company.”
About The North West Company Inc.
The North West Company Inc., through its subsidiaries, is a leading retailer of food and everyday products and services to rural communities and urban neighbourhoods in Canada, Alaska, the South Pacific and the Caribbean. North West operates 237 stores under the trading names Northern, NorthMart, Giant Tiger, Alaska Commercial Company, Cost-U-Less and RiteWay Food Markets and has annualized sales of approximately CDN$2.0 billion.
The common shares of North West trade on the Toronto Stock Exchange under the symbol “NWC”.
For more information : http://www.northwest.ca
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