Vusion S.A. announced that the Board of Directors, which met on February 26, 2026, has co-opted Ms. Lyne Castonguay as an independent director, replacing Ms. Candace Johnson, for the remainder of her term, until the next general meeting on June 4, 2026, which will be called to ratify this co-option and renew her term for a period of 3 years. Ms. Johnson was no longer considered independent, having served on the Board of Directors for more than twelve years. This new appointment strengthened the proportion of independent directors on the Board, which thus rose from 64% to 73%.
It was also part of the ongoing process of adapting the Group's governance to its growth and strategic priorities, by enhancing the Board's expertise in retail, supply chains, and digital technologies. Madame Lyne Castonguay, a Canadian and American national, had over twenty years of international experience in leadership roles within international groups operating in the consumer goods, retail, industrial, and services sectors. Her professional background included leadership positions across North America, with responsibilities covering international operational environments.
She notably served as Global Chief Merchant and Product Officer at Starbucks in 2024 (a NASDAQ-listed company), after holding the positions of President and Chief Operating Officer of Saputo USA from 2021 to 2022 and Executive VP of Sobeys Inc. from 2016 to 2019. She previously held several leadership roles at The Home Depot between 2002 and 2016 (a NYSE-listed company), including Senior Vice President & President of Home Services. Lyne Castonguay had been a member of the Board of Directors of Canadian Tire Corporation (a company listed on the Toronto Stock Exchange) and of Cozey Inc. since 2023.
She was a graduate of the Advanced Management Program at Harvard Business School and held a Bachelor's degree in Business Administration from the University of Moncton. She was bilingual in French and English. She had received several professional honors, including the title of Star Woman of the Year in the Canadian Grocery sector.
