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George Weston Limited(WN-T)
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George Weston Limited

22 St. Clair Avenue East
Suite 800, Legal Department
Toronto ON M4T 2S5 CAN
P: 416-922-2500
F: 416-922-8508
https://www.weston.ca

Profile

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages over 700 commercial and residential properties in Canada, generating roughly 60% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

Key Executives

NameTitle
Rael L. DiamondCEO, Subsidiary/President, Subsidiary
Galen G. WestonCEO/Chairman of the Board/Director/President, Subsidiary
Richard DufresneCFO/CFO, Subsidiary/President
Per BankCEO, Subsidiary/President, Subsidiary

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