George Weston Limited (WNGRF)

128.47 +0.95 (+0.74%) At close: 03:50PM EDT

George Weston Limited

22 St. Clair Avenue East
Suite 700
Toronto, ON M4T 2S5
Canada
416-922-2500
https://www.weston.ca

Sector(s): Consumer Defensive
Industry: Grocery Stores
Full-time employees: 220,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Galen G. Weston B.A., M.B.A.	Chairman & CEO	3.05M	N/A	1973
Mr. Richard Dufresne	President & CFO	1.93M	N/A	N/A
Mr. Rael Lee Diamond C.A., CPA	President & CEO of Choice Properties	1.45M	N/A	1977
Mr. Per Bank	President & CEO of Loblaw	10.67M	N/A	1967
Mr. John Williams	Group Treasurer & Head of Corporate Finance	N/A	N/A	1966
Roy MacDonald	Group Vice President of Investor Relations	N/A	N/A	N/A
Mr. Andrew Bunston	Chief Legal Officer & Secretary	N/A	N/A	N/A
Ms. Jennifer Maccarone	Vice President of Human Resources	N/A	N/A	N/A
Mr. Khush Dadyburjor	Chief Strategy Officer	N/A	N/A	1967
Mr. Rashid Wasti	Executive VP & Chief Talent Officer	N/A	N/A	1968

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services. This segment also offers credit card and other banking services, insurance brokerage services, guaranteed investment certificates, and wireless mobile products and services. The Choice Properties segment owns, operates, manages, and develops retail commercial and residential properties, leased to necessity-based tenants, industrial, and mixed-use and residential assets. It markets its products under the Shoppers Drug Mart, Joe Fresh, President's Choice Bank, no name, Farmer's Market, T&T, Life Brand, and PC Optimum brands. The company was founded in 1882 and is based in Toronto, Canada. George Weston Limited is a subsidiary of Wittington Investments, Limited.

Corporate governance

George Weston Limited’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 9; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.