Loblaw Companies Management
Management criteria checks 2/4
Loblaw Companies' CEO is Per Bank, appointed in Nov 2023, has a tenure of 1.25 years. total yearly compensation is CA$24.33M, comprised of 1.8% salary and 98.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth CA$37.81K. The average tenure of the management team and the board of directors is 2.1 years and 7.5 years respectively.
Key information
Per Bank
Chief executive officer
CA$24.3m
Total compensation
| CEO salary percentage | 1.8% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.00007% |
| Management average tenure | 2.1yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Loblaw Companies (TSE:L) Ticks All The Boxes When It Comes To Earnings Growth
Feb 02
Loblaw Companies Limited's (TSE:L) Business Is Yet to Catch Up With Its Share Price
Nov 27Loblaw Companies (TSE:L) Shareholders Will Want The ROCE Trajectory To Continue
Oct 25Does Loblaw Companies (TSE:L) Have A Healthy Balance Sheet?
Oct 10Loblaw Companies Limited (TSE:L) Investors Are Less Pessimistic Than Expected
Aug 26Does Loblaw Companies (TSE:L) Deserve A Spot On Your Watchlist?
Jul 12Estimating The Intrinsic Value Of Loblaw Companies Limited (TSE:L)
Jun 23Loblaw Companies (TSE:L) Is Looking To Continue Growing Its Returns On Capital
Jun 09Loblaw Companies (TSE:L) Is Paying Out A Larger Dividend Than Last Year
May 07Loblaw Companies (TSE:L) Has A Pretty Healthy Balance Sheet
Apr 17Pinning Down Loblaw Companies Limited's (TSE:L) P/E Is Difficult Right Now
Mar 30Here's Why We Think Loblaw Companies (TSE:L) Might Deserve Your Attention Today
Mar 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 28 2024 | n/a | n/a | CA$2b |
| Oct 05 2024 | n/a | n/a | CA$2b |
| Jun 15 2024 | n/a | n/a | CA$2b |
| Mar 23 2024 | n/a | n/a | CA$2b |
Compensation vs Market: Per's total compensation ($USD17.17M) is above average for companies of similar size in the Canadian market ($USD7.53M).
Compensation vs Earnings: Insufficient data to compare Per's compensation with company performance.
CEO
Per Bank (57 yo)
1.3yrs
Tenure
CA$24,329,644
Compensation
Mr. Per Bank has been President and Chief Executive Officer of Lablow at George Weston Limited since November 01, 2023. Mr. Bank has been Chief Executive Officer and Managing Director at Dansk Supermarked...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | CA$24.33m | 0.000070% CA$ 37.8k | |
| CFO & Member of Management Board | 3.8yrs | CA$9.05m | 0.0038% CA$ 2.1m | |
| Member of Management Board & President of Shoppers Drug Mart | 7.1yrs | CA$3.21m | 0.0017% CA$ 912.8k | |
| Executive VP | 9.4yrs | no data | 0.0027% CA$ 1.4m | |
| Chief Administrative Officer & Member of Management Board | 7.1yrs | no data | 0.00015% CA$ 81.0k | |
| Executive VP | no data | no data | 0.00071% CA$ 383.5k | |
| Executive VP | 4.1yrs | no data | 0.0010% CA$ 567.1k | |
| President of Market & Superstore Division and Member of Management Board | 2.1yrs | no data | 0.0023% CA$ 1.2m | |
| Executive VP | 2.1yrs | no data | no data | |
| Executive VP | 2.1yrs | no data | no data | |
| CEO of T&T Supermarkets and Member of Management Board | 2.1yrs | no data | no data | |
| President of Hard Discount Division & Member of Management board | 1.1yrs | no data | no data |
2.1yrs
Average Tenure
Experienced Management: L's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Lead Director | 6.8yrs | CA$329.50k | 0.0083% CA$ 4.5m | |
| Independent Director | 10.9yrs | CA$265.00k | 0.00030% CA$ 162.0k | |
| Independent Director | 8.3yrs | CA$260.00k | no data | |
| Independent Director | 8.8yrs | CA$340.00k | 0.00078% CA$ 421.3k | |
| Independent Director | 2.3yrs | CA$260.00k | no data | |
| Independent Director | 14.1yrs | CA$294.50k | 0.0047% CA$ 2.6m | |
| Chairman of the Board | 18.4yrs | CA$8.01m | 0.16% CA$ 85.0m | |
| Independent Director | 5.8yrs | CA$280.00k | 0.00096% CA$ 518.5k | |
| Independent Director | 4.8yrs | CA$260.00k | no data | |
| Independent Director | 8.8yrs | CA$260.00k | no data | |
| Independent Director | 1.8yrs | CA$165.10k | no data | |
| Director | 3.1yrs | CA$250.00k | 0.00010% CA$ 54.0k |
7.5yrs
Average Tenure
66yo
Average Age
Experienced Board: L's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/20 05:10 |
| End of Day Share Price | 2025/02/20 00:00 |
| Earnings | 2024/12/28 |
| Annual Earnings | 2024/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Loblaw Companies Limited is covered by 25 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| James Durran | Barclays |
| null null | BMO Capital Markets Equity Research |