Leon's Furniture Limited announced that Mr. Peter Eby announced, after a long and committed engagement, his intention to retire and has stepped down as a board member and Chair of the Audit Committee. Ms. Mary Ann Leon, an experienced financial executive and member of the Audit Committee since 2004, will replace Mr. Eby as Audit Committee Chair. The Honourable Lisa Raitt, current Vice-Chair of Global Investment Banking at CIBC, has joined the Company's board and Audit Committee, bringing a wealth of experience as a senior executive, board member and senior government official, to LFL. Ms. Leon is a proven financial executive with over 30 years of experience in the corporate finance, public accounting, and non-profit sectors. She has been a member of the board of LFL since 2004 and is currently a member of the boards of Trans Global Insurance, the University of St. Michael's College and the Investment Advisory Committee of the Archdiocese of Toronto. Ms. Leon is a former member of the board of Sun Life Financial Trust, Catholic Charities of the Archdiocese of Toronto, Shepherds' Trust, Mary Centre, and St. Michael's Halfway Homes. She has acted as Chair of the Board or Chair of the Finance Committee at several of these organizations. Ms. Leon holds a CPA, CA designation from the Institute of Chartered Accountants of Ontario and an ICD.D designation from the Institute of Corporate Directors. Ms. Raitt's career has spanned roles as a senior government official, a senior executive and board member. From 2008 to 2019, she served in the House of Commons representing Milton Ontario. Most recently, Ms. Raitt served as the Deputy Leader of the Official Opposition and the Conservative Party of Canada. While in Government, she served as Canada's Minister of Natural Resources, Minister of Labour and Minister of Transport and as part of the Official Opposition served as Finance Critic and Justice Critic. Prior to her election to the House of Commons, Ms. Raitt was the President and Chief Executive Officer of the Toronto Port Authority (TPA). She had previously served as the TPA's general counsel and Harbourmaster. In January 2020, Ms. Raitt was named Vice-Chair of Global Investment Banking for CIBC.
Leon's Furniture Limited is a Canada-based retailer of furniture, appliances and electronics. The Company's retail banners include Leonâs, The Brick, Brick Outlet and The Brick Mattress Store. The Brickâs Midnorthern Appliance banner alongside with the Companyâs Appliance Canada banner, retailer of appliances to builders, developers, hotels and property management companies. The Company has 304 retail stores from coast to coast in Canada under various banners. The Companyâs repair service division, Trans Global Services (TGS), provides household furniture, electronics and appliance repair services to its customers. TGS has contracts to support several manufacturerâs warranty service work in addition to servicing a number of individual programs offered by other dealers. Its wholly owned subsidiaries include Trans Global Insurance Company and Trans Global Life Insurance Company also offer credit insurance on the customerâs outstanding financing balances and third-party customer balances.
LEON'S FURNITURE LIMITED 
