George Weston Management
Management criteria checks 4/4
George Weston's CEO is Galen Weston, appointed in Jan 2017, has a tenure of 7.25 years. total yearly compensation is CA$11.76M, comprised of 11% salary and 89% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth CA$138.55M. The average tenure of the management team and the board of directors is 6.8 years and 8.1 years respectively.
Key information
Galen Weston
Chief executive officer
CA$11.8m
Total compensation
| CEO salary percentage | 11.0% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6.8yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$12m | CA$1m | CA$1b |
| Oct 07 2023 | n/a | n/a | CA$1b |
| Jun 17 2023 | n/a | n/a | CA$2b |
| Mar 25 2023 | n/a | n/a | CA$2b |
| Dec 31 2022 | CA$12m | CA$1m | CA$2b |
| Oct 08 2022 | n/a | n/a | CA$2b |
| Jun 18 2022 | n/a | n/a | CA$2b |
| Mar 26 2022 | n/a | n/a | CA$1b |
| Dec 31 2021 | CA$11m | CA$1m | CA$709m |
| Oct 09 2021 | n/a | n/a | CA$555m |
| Jun 19 2021 | n/a | n/a | CA$606m |
| Mar 27 2021 | n/a | n/a | CA$269m |
| Dec 31 2020 | CA$9m | CA$1m | CA$913m |
| Oct 03 2020 | n/a | n/a | CA$1b |
| Jun 13 2020 | n/a | n/a | CA$862m |
| Mar 21 2020 | n/a | n/a | CA$1b |
| Dec 31 2019 | CA$9m | CA$1m | CA$198m |
| Oct 05 2019 | n/a | n/a | CA$36m |
| Jun 15 2019 | n/a | n/a | CA$18m |
| Mar 23 2019 | n/a | n/a | -CA$138m |
| Dec 31 2018 | CA$8m | CA$1m | CA$530m |
| Oct 06 2018 | n/a | n/a | CA$293m |
| Jun 16 2018 | n/a | n/a | CA$662m |
| Mar 24 2018 | n/a | n/a | CA$794m |
| Dec 31 2017 | CA$6m | CA$1m | CA$722m |
Compensation vs Market: Galen's total compensation ($USD8.61M) is about average for companies of similar size in the Canadian market ($USD8.20M).
Compensation vs Earnings: Galen's compensation has been consistent with company performance over the past year.
CEO
Galen Weston (50 yo)
7.3yrs
Tenure
CA$11,762,145
Compensation
Mr. Galen G. Weston, B.A. M.B.A. has been Chief Executive Officer of George Weston Limited since January 18, 2017 and has been its Chairman since September 2016. He served as a Non-Independent Director of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.3yrs | CA$11.76m | 0.56% CA$ 138.6m | |
| President & CFO | 12.1yrs | CA$10.27m | 0.017% CA$ 4.2m | |
| President & CEO of Choice Properties | no data | CA$4.19m | no data | |
| President & CEO of Loblaw | less than a year | CA$22.14m | no data | |
| Group Treasurer & Head of Corporate Finance | 7.9yrs | no data | no data | |
| Group Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Secretary | 6.3yrs | no data | 0.0013% CA$ 312.8k | |
| Vice President of Human Resources | no data | no data | no data | |
| Chief Strategy Officer | 7.9yrs | no data | no data | |
| Executive VP & Chief Talent Officer | no data | no data | 0.0053% CA$ 1.3m | |
| Group Chief Risk Officer | 4.7yrs | no data | no data | |
| Group Head of Tax | 3.8yrs | no data | no data |
6.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: WN.PRC's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.1yrs | CA$11.76m | 0.56% CA$ 138.6m | |
| Independent Lead Director | 9.4yrs | CA$329.50k | 0.0037% CA$ 921.3k | |
| Independent Director | 1.9yrs | CA$483.20k | 0.0012% CA$ 300.5k | |
| Independent Director | 10.9yrs | CA$264.50k | 0.0026% CA$ 645.4k | |
| Independent Director | 13.3yrs | CA$365.00k | 0.0015% CA$ 369.5k | |
| Independent Director | 4.9yrs | CA$397.00k | 0.0015% CA$ 362.1k | |
| Non-Independent Director | 1.9yrs | CA$625.00k | 0.00022% CA$ 54.2k |
8.1yrs
Average Tenure
66yo
Average Age
Experienced Board: WN.PRC's board of directors are considered experienced (8.1 years average tenure).