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Longtime Monro Board Member To Retire

Lionel Spiro, who has served on the Monro Muffler Brake board of directors since 1992, has informed the Rochester, NY-based company that he intends to retire from the board at the end of his current term. Therefore, he will not be standing for re-election to the board when his term expires at the annual meeting of shareholders to be held in August. Spiro is the retired chairman and president of Charrette Corp.

Another Monro director, Francis Strawbridge, has already retired from the board. Strawbridge’s exit from the board was effective April 1. Monro stated in a recent SEC filing that his retirement “was not a result of any disagreement with the company or board.” Strawbridge, the retired chairman of Strawbridge & Clothier, had been a member of the Monro board since 2002. Robert Mellor, the former chairman and CEO of Building Materials Holding Corp., has been appointed to fill Strawbridge’s vacancy. Mellor is no stranger to the Monro board, having served as a director from 2002-’07.

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