The Globe and Mail reports in its Wednesday edition Rona is shrinking its board to precrisis size as two directors who joined the company to bolster its turnaround effort get ready to step down. The Globe's Nicolas Van Praet writes the departures close the door further on a rocky chapter in Rona's history following U.S. rival Lowe's unsolicited takeover offer of $14.50 a share three years ago. The Quebec company is now enjoying renewed attention from investors fleeing energy and other sectors. Wesley Voorheis, the former Hollinger Inc. chief executive officer who advised Toronto-based Invesco Canada Ltd. when the investment management company began efforts to dislodge Rona's board in November, 2012, will not seek re-election to Rona's board at the annual meeting in May. Barry Gilbertson, a property expert with experience in distressed real estate assets, will also leave the company. Rona's revamped board will have 12 directors, down from the 14 it put in place during a leadership shakeup in early 2013. Eight new directors came on board as a result of that overhaul, including current CEO Robert Sawyer. "Rona is in very good hands with Robert Sawyer," Mr. Voorheis said by e-mail. "All good there."