October 2025
Pembroke recently inducted Richard Lord of Quincaillerie Richelieu into its Hall of Fame. This year’s event, which took place in Montreal, featured a fireside chat between Nicolas Chevalier, Pembroke’s managing partner, and Richard Lord.
Lord is a visionary businessman from Saint-Damase-de-L’Islet. He is a Fellow of the Canadian Institute of Management (CMA) and the Canadian Institute of Chartered Accountants (CPA), and held management positions at Bombardier, Mark Hot and RONA before becoming President, Chief Executive Officer and a major shareholder of Richelieu in 1988. Under his leadership, the company’s sales increased from $27 million to over $1.8 billion by 2024, thanks to a growth strategy centred on innovation and customer focus, as well as over 95 acquisitions. Richelieu is now a North American leader in the distribution of products for the woodworking and renovation industry.
As part of Pembroke’s annual Hall of Fame event, Pembroke was honoured to have the opportunity to showcase the expertise of a wealth creator who has shaped the almost six decades of history of the firm.
RECAP WITH TESTIMONIALS
This video has English and French subtitles.
WATCH THE FULL DISCUSSION
Note that the discussion alternates between French and English.
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Disclaimer
This report is for the purpose of providing some insight into Pembroke and the Pembroke funds. Past performance is not indicative of future returns. Any securities listed herein, are for informational purposes only and are not intended and should not be construed as investment advice nor is it a recommendation to buy or sell any particular security. Factual information has been taken from sources we believe to be reliable, but its accuracy, completeness or interpretation cannot be guaranteed. Pembroke seeks to ensure that the content of this document is correct and up to date but does not guarantee that the content is accurate and complete and does not assume any responsibility for this. Pembroke is not responsible for decisions or actions taken or made on the basis of information contained in this document.
