METRO SHAREHOLDERS BACK CEO ON BOARD SELECTIONS

MONTREAL (FNS) -- Pierre Lessard, chief executive officer of Metro here, succeeded last week in having shareholders elect his candidates for the company's board.The move gave Lessard a victory in his two-month proxy war with some 200 dissident merchant-owners who wanted to install their own slate of directors.Recognizing Lessard's contribution of turning struggling Metro around in his 10-year tenure,

MONTREAL (FNS) -- Pierre Lessard, chief executive officer of Metro here, succeeded last week in having shareholders elect his candidates for the company's board.

The move gave Lessard a victory in his two-month proxy war with some 200 dissident merchant-owners who wanted to install their own slate of directors.

Recognizing Lessard's contribution of turning struggling Metro around in his 10-year tenure, shareholders at Metro's Jan. 30 annual meeting here voted 62% in favor of m

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