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George Weston Limited (WN.TO)


Toronto - Toronto Delayed Price. Currency in CAD
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121.13-0.32 (-0.26%)
As of 12:41PM EDT. Market open.

George Weston Limited

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

SectorServices
IndustryGrocery Stores
Full Time Employees195,000

Key Executives

NameTitlePayExercisedAge
Mr. Galen G. Weston B.A., M.B.AChairman, CEO, Exec. Chairman of Loblaw Companies Ltd and CEO of Loblaw Companies LtdN/AN/A44
Mr. Richard DufresneChief Financial Officer and Exec. VPN/AN/AN/A
Mr. Michael MotzPres of SDM1.79MN/AN/A
Mr. Paviter Singh Binning FCMA, C.G.M.ASpecial Advisor to WittingtonN/AN/A56
Mr. Geoffrey Victor Herbert WilsonSr. VP of Investor Relations, Bus. Intelligence & CommunicationsN/AN/A61
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

George Weston Limited engages in food processing and distribution business in Canada and internationally. The company’s Weston Foods segment produces fresh, frozen, and specialty bakery products, including breads, rolls, bagels, flatbreads, rye bread, tortillas, doughnuts, cakes, pies, cookies, and crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience stores, food service distributors, and outlets. This segment also supplies control brand products to retailers and consumer food companies; ice cream cones and sandwich wafers to manufacturers in the frozen novelty; and girl scout cookies. The company’s Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, retail banking, credit card services, insurance, and wireless mobile products and services. This segment operates approximately 2,300 corporate, franchised, and associate-owned locations. It operates retail drug stores under the Shoppers Drug Mart and Pharmaprix names that offer over-the-counter medications, health and beauty aids, cosmetics and fragrances, seasonal products, and household essentials; and Shoppers Home Health Care stores, which sells and services assisted-living devices, medical equipment, home-care products, and durable mobility equipment to institutional and retail customers. This segment also provides specialty drug distribution, pharmacy, and patient support services, as well as pharmaceutical products and services to long-term care facilities; owns, manages, and develops retail and commercial real estate with a portfolio consisting of 435 properties primarily focusing on supermarket-anchored shopping centers, supermarkets, and other commercial properties, as well as offers financial services under the President’s Choice Financial brand. The company was founded in 1882 and is headquartered in Toronto, Canada. George Weston Limited is a subsidiary of Wittington Investments, Limited.

Corporate Governance

George Weston Limited’s ISS Governance QualityScore as of May 1, 2017 is 5. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 7; Compensation: 3.

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 a 10 indicates higher governance risk.