Longueuil, July 8, 2014 - Mr. Jean Coutu, Chairman of the Board of The Jean Coutu Group (PJC) Inc. (the "Corporation" or the "Jean Coutu Group"), is pleased to announce the election of Mr. Andrew T. Molson on the Corporation’s Board of Directors. Mr. Molson has been elected at the Annual Meeting of the Shareholders held today.
Mr. Molson is Chairman of the board of RES PUBLICA Consulting Group Inc., an holding and management company of leading professional services firms offering strategic public relations counsel to a wide range of businesses, namely NATIONAL Public Relations Inc., Canada’s largest public relations firm and Cohn & Wolfe Canada, another industry leader. “We are very proud to welcome Mr. Molson on our Board of Directors, his knowledge in business development, law and corporate governance will constitute strong assets for the development of our activities” said Mr. Jean Coutu, Chairman of the Board.
During this meeting, the shareholders also renewed the mandates of the following directors: Lise Bastarache, François J. Coutu, Jean Coutu, Marie-Josée Coutu, Michel Coutu, Sylvie Coutu, L. Denis Desautels, Marcel Dutil, Nicolle Forget, Robert Lacroix, Yvon Martineau, Cora Mussely Tsouflidou and Annie Thabet.
About The Jean Coutu Group
The Jean Coutu Group is one of the most trusted names in Canadian pharmacy retailing. The Corporation operates a network of 414 franchised stores located in the provinces of Québec, New Brunswick and Ontario under the banners of PJC Jean Coutu, PJC Clinique, PJC Santé and PJC Santé Beauté, which employs close to 20,000 people. Furthermore, the Jean Coutu Group owns Pro Doc Ltd ("Pro Doc"), a Québec-based subsidiary and manufacturer of generic drugs.