WN.TO - George Weston Limited

Toronto - Toronto Delayed Price. Currency in CAD

George Weston Limited

22 Street Clair Avenue East
Suite 800
Toronto, ON M4T 2S7
Canada
416-922-2500
http://www.weston.ca

SectorConsumer Defensive
IndustryGrocery Stores
Full Time Employees203,238

Key Executives

NameTitlePayExercisedYear Born
Mr. Galen G. WestonChairman & CEO3.21MN/A1973
Mr. Richard DufresnePres & CFO2.07MN/AN/A
Ms. Sarah R. DavisPres of Loblaw2.36MN/AN/A
Mr. Geoffrey Victor Herbert WilsonSr. VP of Financial Control & Investor RelationsN/AN/A1956
Mr. Gordon Andrew McDonald CurrieExec. VP & Chief Legal OfficerN/AN/A1959
Amounts are as of December 31, 2018 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 the food processing and distribution business in Canada and internationally. The company operates through three segments: Weston Foods, Loblaw, and Choice Properties. The Weston Foods segment produces fresh, frozen, and specialty bakery products, such as breads, rolls, bagels, tortillas, cakes, donuts, pies, cookies, crackers, and other baked goods through national and regional supermarkets, wholesale and club stores, dollar stores, convenience store chains, 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 category; and Girl Scout cookies. The Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, credit card, insurance brokerage, gift cards, and telecommunication services in 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. The Choice Properties segment owns, develops, and manages retail and commercial real estate consisting of 435 properties primarily focusing on supermarket-anchored shopping centers, supermarkets, and other commercial properties; and industrial, office, and residential properties. The company was founded in 1882 and is headquartered in Toronto, Canada. George Weston Limited is a subsidiary of Wittington Investments, Ltd.

Corporate Governance

George Weston Limited’s ISS Governance QualityScore as of July 29, 2019 is 5. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 7; Compensation: 2.

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.