Monro, Inc. announced that Brett Ponton has resigned as President of the Company, effective August 19, 2020, in order to pursue another opportunity. Ponton also resigned as a member of the Board of Directors of the Company, effective immediately. Forward strategy, which focuses on driving operational excellence and delivering a consistent best-in-class customer experience. To further support the ongoing rollout of Monro’s strategic initiatives and to ensure continuity across its business operations during this period of transition, Mellor will partner with senior leadership, including Robert Rajkowski, Chief Operating Officer, Brian D’Ambrosia, Executive Vice President and Chief Financial Officer and Maureen Mulholland, Senior Vice President, General Counsel and Secretary. The company also announced the appointment of Leah C. Johnson to its Board of Directors, effective immediately. Johnson, 57, brings extensive knowledge and deep experience in corporate communications and marketing to the Board. She has served as Chief Communications and Marketing Officer of Lincoln Center for the Performing Arts, since July 2019. Previously, she served as Chief Executive Officer of LCJ Solutions, LLC until July 2019. She has been appointed by Mayor Bill de Blasio to the board of trustees of The Trust for Cultural Resources of the City of New York. She is a founding trustee of Pollyanna, Inc. and serves as a trustee of the Museum of the City of New York and a trustee of New York Public Radio. She is a mentor with W.O.M.E.N. In America. Ms. Johnson holds a B.A. from Harvard University. Johnson was appointed to the Company’s Board of Directors as a Class 1 Director to fill the current vacancy on the Board, and will serve until her successor has been elected and qualified at the 2020 Annual Meeting of Shareholders. Johnson was determined by the Company’s Board of Directors to be independent within the meaning of the independent director standards of the Nasdaq Stock Market, Inc.
Monro, Inc. is an operator of retail tire and automotive repair stores in the United States. The Company offers replacement tires and tire related services, automotive undercar repair services, as well as a range of routine maintenance services, primarily on passenger cars, light trucks, and vans. The Company provides other products and services for brakes; mufflers and exhaust systems; as well as steering, drive train, suspension, and wheel alignment. The Company's retail tire and automotive repair stores operate primarily under the brands Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Mountain View Tire & Auto Service, and Tire Barn Warehouse. It has approximately 1,299 Company-operated retail stores located in 32 states and over 76 Car-X franchised locations. Its subsidiaries include Monro Service Corporation; Car-X, LLC; and MNRO Holdings, LLC.