Staying humble and true to yourself after achieving success in the business world may seem like a difficult feat, but CEO of Freshco Mandy Rennehan, makes it look easy. Rennehan leads the retail construction supergiant, an enterprise that has spread across Canada and the United States. Rennehan is one of the top CEOs in Canada; yet, anyone in her presence feels extremely comfortable and important, a rare and welcome way to treat others in the high stakes modern business world.
“Growing up in a small town on the East coast, people are humble and simple. People will give you everything they have because they truly care,” Rennehan says. “I didn’t know I was going to be an entrepreneur, it just picked me and I’m 41 now. When people from home see me and talk to me, they tell me I’m the same way I was when I was 10. I left the east coast with a personality, a smile and a work ethic. I want to treat people like I want to be treated.”
Freshco is a boutique facilities firm that focuses on maintenance, projects and reconstruction. The company has landed some massive clients including Home Depot, Lululemon, Sephora and Apple, among others. “Freshco does everything on the mechanical and cosmetic level to retailers with any form of structure,” Rennehan says. “As soon as they are ready to open a store, we renovate, maintain and come in when there is an emergency. We call ourselves ninjas sometimes. All you see is the beautiful design, and merchandise and Freshco is the company that maintains that look all the time. We are there in the morning, and overnight.”
Rennehan believes that employee happiness is paramount to the success of her company. She handpicks all of her employees with her management team and then dubs them with a nickname. The chosen nickname for a new employee is put on company hoodies and business cards. “I don’t believe in work-life balance and I think employers put too much strain for people to have two lives,” Rennehan says. “I create an environment that is cool, trendy and comfortable. I believe in the fun and narrowing in on people and bringing out the personality in them. Happy people are productive. We jam up the music and have fridges full of beer.”
Rennehan is also invested in helping others who need support in the trades industry. She launched the Chris Rennehan Scholarship in 2015 that supports people in dire financial circumstances to go to trade school or work for Freshco. “I launched the scholarship because my brother is a lobster fisherman and before he died, we were making a plan to get him into the floor renovation business. His death really affected me and my family. There are so many people who are lost and don’t have the time to go to school. They need to learn something right now because they have bills and families,” Rennehan says. “The scholarship fund sends them to trade school, or sends them to me and we can teach them. People are donating to the fund because they know I am going to do the right thing with it. These people are almost on the brink of mental health issues. My philanthropy and objective long-term to fund the passion of any trade and any individual.”
Due to her amazing work as a Canadian entrepreneur, Rennehan has received a number of awards including being on WXN’s 2015 Canada’s most powerful women: Top 100 award, in which she also received a letter from the Minister of the Status of Women. She also won EY Entrepreneur of the Year in 2016 and was named 20th in Profit’s 2016 W100 list for top female entrepreneurs in Canada. Rennehan is often asked to be the keynote speaker at various events, most recently at the Women with Drive Summit on March 2.
Rennehan is clearly an innovative and forward leader that is taking Freshco to the next level with projected growth across the United States in the next year. The company is a success story, but had its trials as well. In 2010, FreshCo, a grocery chain owned Sobeys, was launched and there was little Rennehan could do about the extremely similar name (only difference on Sobey’s part being the capital ‘C’). The rub? Sobeys was one of Rennehan’s first clients. “What doesn’t kill you makes you stronger and that’s the truth. We got our heads kicked in with this, and Sobey’s was my first client,” Rennehan says. “I should’ve trade-marked Freshco and I didn’t. They took my font, my colours and everything. We completely rebranded and with the media attention I get, people are seeing the difference between the two.” Rennehan, true to her positive and upbeat attitude, decided to make a joke out of the issue and even launched a national campaign that including rebranding her trucks to say “FRESHCO, not the grocery store”.
Rennehan is also an avid supporter of women in the trades. Though she has been immersed in a male-dominated industry for the last 20 years, she has never felt discriminated against in her field. “The trades are still very male-dominated, but it has never bothered me because they know I’m better than them,” Rennehan says. “Despite my sexuality, I’ve never been discriminated against a day in my life. I don’t listen to the garbage and I arm myself with knowledge. I’ve really been a poster child for not being a woman, but being amazing at what I do. Feminism is all fine and well, but just be amazing at what you are and you won’t face that discrimination.”
Rennehan is reading a book called “Spark”, based on a study between physical exercise and how it improves brain function. “Being married to Jane Fonda [a nickname Rennehan calls her partner] for years, I’ve been very involved in exercise,” Rennehan says.”She also loves to golf, play tennis, travel ad is a big wine connoisseur. Her favourite travel destination is Tuscany.
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