EMP-A.TO - Empire Company Limited

Toronto - Toronto Delayed Price. Currency in CAD

Empire Company Limited

115 King Street
Stellarton, NS B0K 1S0
Canada
902-752-8371
http://www.empireco.ca

SectorConsumer Defensive
IndustryGrocery Stores
Full Time Employees120,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael Bennett MedlineCEO, Pres & Director281.15kN/A1963
Mr. Michael H. VelsCFO & Exec. VPN/AN/A1962
Mr. Clinton David Keay CPA, CAExec. VP of Technology & Transformation Management479.64kN/AN/A
Mr. Simon GagnéExec. VP of HRN/AN/AN/A
Ms. Lyne CastonguayExec. VP of Store Experience879.75kN/AN/A
Amounts are as of December 31, 2017 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

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises approximately 1,500 retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawtons Drugs; and approximately 350 retail fuel locations. It also owns interest in Crombie Real Estate Investment Trust, an open-ended Canadian real estate investment trust to sell and leaseback a portfolio of 19 retail properties; and various equity accounted interests in Genstar real estate partnerships that develop residential real estate properties in Ontario, Western Canada, and the United States. The company was founded in 1907 and is headquartered in Stellarton, Canada.

Corporate Governance

Empire Company Limited’s ISS Governance QualityScore as of September 1, 2018 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 6.

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.