Leon’s removes interim tag from CFO’s title

TORONTO — Canadian home furnishings retailer Leon’s Furniture Limited announced that Victor Diab has been appointed chief financial officer.

Diab assumed the role of interim CFO when Constantine Pefanis left the company, which owns and operates Leon’s and The Brick, in April.

“Victor has demonstrated exceptional financial and strategic leadership during his interim tenure, as well as in his prior role with the Company and I am thrilled to announce his permanent appointment,” said Mike Walsh, president and CEO of LFL. “His expertise will be invaluable as we continue to grow our core retail business, generate operational efficiencies, and realize the value of our extensive real estate portfolio. Victor’s leadership will be pivotal in delivering on our mission to serve our customers better and deliver sustained value to our shareholders.”

Added Diab, “I am honored to take on this role and excited about the opportunities that lie ahead for our company. We have a strong foundation and an unwavering commitment to growth and profitability. I look forward to working with our talented team to enhance our retail operations, better serve our customers, and unlock the full potential of our real estate assets for the benefit of our shareholders and the overall success of our business.”

See also:

  • Leon’s sees plus signs and black ink in Q1 earnings report
  • LFL adds executives to its Leon’s Furniture and corporate leadership teams

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