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Rona shares jump after chief executive steps down
November 9, 2012 / 2:40 PM / 5 years ago

Rona shares jump after chief executive steps down

Nov 9 (Reuters) - Shares of Canadian home-improvement and hardware retailer Rona Inc rose on Friday after the company said its longtime Chief Executive Robert Dutton was stepping down.

Shares of Rona, which recently refused a takeover by U.S.-based rival Lowe’s Cos Inc, were up 7.0 percent at C$10.00 shortly after the open on the Toronto Stock Exchange.

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