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Canadian Tire Corporation, Limited (CTC.TO)

Toronto Stock Exchange - Toronto Stock Exchange Delayed Price. Currency in CAD
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237.00+3.50 (+1.50%)
At close: 3:24PM EDT

Canadian Tire Corporation, Limited

2180 Yonge Street
PO Box 770
Toronto, ON M4P 2V8
Canada
416-480-3000
http://www.corp.canadiantire.ca

SectorServices
IndustrySpecialty Retail, Other
Full Time Employees12,356

Key Executives

NameTitlePayExercisedAge
Mr. Stephen G. Wetmore CAChief Exec. Officer, Pres and Non-Independent Director1.82MN/A64
Mr. Dean Charles McCann CPA, CAChief Financial Officer and Exec. VP1.29MN/A58
Mr. James R. ChristieExec. VP1.21MN/AN/A
Mr. Allan Angus MacDonaldPres of Canadian Tire Retail1.26MN/AN/A
Mr. John W. BilliesCo- FounderN/AN/AN/A
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

Canadian Tire Corporation, Limited provides a range of products and services through a portfolio of retail banners in Canada. Its Retail segment operates general merchandise retail tire stores with approximately 150,000 stock keeping units in living, fixing, playing, automotive, and seasonal divisions under the Canadian Tire banner; a chain of 91 automotive parts specialty stores under the PartSource banner; and as a retailer of gasoline with a network of 296 retail gas bars under the Petroleum banner. As of December 31, 2016, it operated 292 convenience stores and kiosks, 83 car washes, 5 vehicle lubrication facilities, and 84 propane stations under the Canadian Tire banner. This segment also operates sporting goods and active wears. The company’s CT REIT segment operates a real estate investment trust that owns, develops, and leases income producing commercial properties. As of December 31, 2016, its portfolio comprised 295 retail properties, 4 distribution centers, a mixed-use commercial property, and 3 development properties with a gross leasable area of approximately 24.6 million square feet. Its Financial Services segment markets a range of Canadian Tire-branded credit cards, including the Canadian Tire Options MasterCard, Canadian Tire Options World MasterCard, Cash Advantage MasterCard, and Gas Advantage MasterCard; various insurance and identity theft products to Canadian Tire customers; and interest savings accounts and guaranteed investment certificates. This segment also reinsures the risk associated with creditor insurance and warranty coverages purchased by Canadian Tire credit card customers, as well as accident and dismemberment insurance. The company was founded in 1922 and is headquartered in Toronto, Canada.

Corporate Governance

Canadian Tire Corporation, Limited’s ISS Governance QualityScore as of August 1, 2017 is 6. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 9; 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.