Colabor Group Inc. Announces CFO Departure and Future Plans

Author: Thomas Cooper Updated: 06-11-2025 01:30 PM

Colabor Group Inc. Announces Changes in Leadership

Colabor Group Inc. (TSX: GCL) has made headlines with the announcement regarding the departure of Mr. Pierre Blanchette, who has served as the Senior Vice-President and Chief Financial Officer. Effective July 4, 2025, he will step down from his role to explore new career opportunities.

Gratitude for Contributions

In expressing gratitude, the CEO, Mr. Louis Frenette, stated, "I would like to thank Pierre for his contribution to the execution of the strategic plan of Colabor. I wish him the best of luck in his upcoming projects.” This statement reflects the company’s appreciation for Blanchette’s impact on its strategic direction.

Transitioning Leadership Roles

With the transition in leadership, Colabor Group is set to begin a search for a new Chief Financial Officer. This position is crucial in steering the financial strategies of the organization, especially as it navigates the complexities of the food distribution sector.

About Colabor Group

Colabor stands out in the food industry as a leading distributor and wholesaler serving various sectors including hotels, restaurants, and institutional markets known as HRI, primarily in Quebec and the Atlantic provinces. Alongside these operations, Colabor also caters to retail markets, providing a range of specialty food products such as seafood and meats, reinforcing its presence in the food supply chain.

Looking Ahead

As Colabor Group plans for the future, the new financial leadership will play a vital role in continuing its commitment to quality service and innovative distribution practices. The leadership change comes at a time when the company is focused on affirming its market position and adapting to evolving consumer needs.

Contact Information for Inquiries

For those seeking further details about the company or its operations, the following contacts are available:

Louis Frenette
President and Chief Executive Officer
Colabor Group Inc.
Tel.: 450-449-4911 extension 1265
Email: investors@colabor.com

Danielle Ste-Marie
Ste-Marie Strategy and Communications Inc.
Investor Relations
Tel.: 450-449-0026 ext. 1180

Frequently Asked Questions

1. Who is the new CFO of Colabor Group?

The search for a new CFO is currently ongoing following Pierre Blanchette’s departure.

2. What is the primary market of Colabor Group?

Colabor Group specializes in distributing food products to the hotel, restaurant, and institutional markets.

3. When does Pierre Blanchette step down?

Pierre Blanchette's last day as CFO will be July 4, 2025.

4. Who can I contact for investor relations?

Danielle Ste-Marie handles Investor Relations and can be reached at 450-449-0026 ext. 1180.

5. How does the CFO departure impact Colabor's strategy?

The leadership transition will aid Colabor in continuing its strategic growth while adapting to market demands.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

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