Dive Summary:

• Former Dollarama COO Stéphane Gonthier has announced he will resign his position with the company to become the new CEO for discount chain 99 Cents Only.
• "During his six-year tenure, Stéphane has been an important member of the team that has led the growth and success of Dollarama,” says chairman and CEO of Dollarama, Larry Rossy.
• The decision to leave was a difficult one but I am confident that Dollarama is well positioned for the future, with the right people and resources in place to continue to deliver on its strategic plan," stated Stéphane Gonthier.

From the article:

Gonthier will continue in his role for an interim period to ensure a smooth and orderly transition before moving to the United States with his family. An executive search will begin immediately under the direction of the board of directors of Dollarama. After Gonthier's departure and until a successor is appointed, Rossy will assume the duties and responsibilities of the chief operating officer in collaboration with other members of the senior management team.