Canadian outdoor retailer SAIL has announced that they have transferred ownership to three members of their leadership team…
Isabelle Lemay, CPA, President and Chief Executive Officer;
Stefania Cella, CPA, Vice President and Chief Financial Officer;
and Catherine Venne, MBA, Vice President, Marketing.
This management-led buyout represents a concrete example of female business succession in Canada and ensures the continuity of the company’s vision and growth within the country. The three executives have an in-depth knowledge of both the organization and the retail sector, which led the group’s two principal founding shareholders to invite them to take over the company as part of this transaction.
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“As women entrepreneurs, we are very proud to continue SAIL’s story here in Canada. We share a common vision: to keep evolving the company while staying true to its mission of supporting outdoor, hunting and fishing enthusiasts in all their activities. We aim to position SAIL as the go-to partner for outdoor activities in Canada — an even stronger, more relevant and more inspiring destination for the years ahead.”
SAIL also maintains an ambitious vision for the coming years, including continued commercial expansion and the potential opening of five new stores within five years, strengthening its presence in Quebec and Ontario and bringing outdoor products closer to more consumers.
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