George Weston Management

Management criteria checks 4/4

George Weston's CEO is Galen Weston, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is CA$11.76M, comprised of 11% salary and 89% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth CA$113.05M. The average tenure of the management team and the board of directors is 6.8 years and 8.7 years respectively.

Key information

Galen Weston

Chief executive officer

CA$11.8m

Total compensation

CEO salary percentage11.0%
CEO tenure7.8yrs
CEO ownership0.4%
Management average tenure6.8yrs
Board average tenure8.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Galen Weston's remuneration changed compared to George Weston's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 05 2024n/an/a

CA$613m

Jun 15 2024n/an/a

CA$1b

Mar 23 2024n/an/a

CA$1b

Dec 31 2023CA$12mCA$1m

CA$1b

Oct 07 2023n/an/a

CA$1b

Jun 17 2023n/an/a

CA$2b

Mar 25 2023n/an/a

CA$2b

Dec 31 2022CA$12mCA$1m

CA$2b

Oct 08 2022n/an/a

CA$2b

Jun 18 2022n/an/a

CA$2b

Mar 26 2022n/an/a

CA$1b

Dec 31 2021CA$11mCA$1m

CA$709m

Oct 09 2021n/an/a

CA$555m

Jun 19 2021n/an/a

CA$606m

Mar 27 2021n/an/a

CA$269m

Dec 31 2020CA$9mCA$1m

CA$913m

Oct 03 2020n/an/a

CA$1b

Jun 16 2020n/an/a

CA$862m

Mar 21 2020n/an/a

CA$1b

Dec 31 2019CA$9mCA$1m

CA$198m

Oct 05 2019n/an/a

CA$36m

Jun 15 2019n/an/a

CA$18m

Mar 23 2019n/an/a

-CA$138m

Dec 31 2018CA$8mCA$1m

CA$530m

Oct 06 2018n/an/a

CA$293m

Jun 16 2018n/an/a

CA$662m

Mar 24 2018n/an/a

CA$794m

Dec 31 2017CA$6mCA$1m

CA$722m

Compensation vs Market: Galen's total compensation ($USD8.42M) is about average for companies of similar size in the Canadian market ($USD7.94M).

Compensation vs Earnings: Galen's compensation has been consistent with company performance over the past year.


CEO

Galen Weston (51 yo)

7.8yrs

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

NamePositionTenureCompensationOwnership
Galen Weston
Chairman & CEO7.8yrsCA$11.76m0.40%
CA$ 113.1m
Richard Dufresne
President & CFO12.7yrsCA$10.27m0.025%
CA$ 7.2m
Rael Diamond
President & CEO of Choice Propertiesno dataCA$4.19mno data
Per Bank
President & CEO of Loblawless than a yearCA$22.14mno data
Roy MacDonald
Group Vice President of Investor Relationsno datano datano data
Andrew Bunston
Chief Legal Officer & Secretary6.8yrsno data0.0013%
CA$ 371.5k
Jennifer Maccarone
Vice President of Human Resourcesno datano datano data
Khush Dadyburjor
Chief Strategy Officer8.5yrsno datano data
Rashid Wasti
Executive VP & Chief Talent Officerno datano data0.0047%
CA$ 1.3m
Anemona Turcu
Senior VP & Group Chief Risk Officer5.3yrsno datano data
Jeff Gobeil
Senior VP & Group Head of Tax4.3yrsno datano data
Barry Columb
Executive VP of Loblaw & President of President's Choice Financialno dataCA$5.12mno data

6.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: WN.PRD's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Galen Weston
Chairman & CEO8.7yrsCA$11.76m0.40%
CA$ 113.1m
Gordon Nixon
Independent Lead Director10yrsCA$329.50k0.0038%
CA$ 1.1m
M. Harris
Independent Director2.5yrsCA$600.00k0.0013%
CA$ 357.2k
Sarabjit Marwah
Independent Director11.5yrsCA$264.50k0.0027%
CA$ 765.9k
Barbara Stymiest
Independent Director13.8yrsCA$365.00k0.0015%
CA$ 437.2k
Nancy H. Lockhart
Independent Director5.5yrsCA$397.00k0.0015%
CA$ 428.7k
Cornell Wright
Non-Independent Director2.5yrsCA$625.00k0.00023%
CA$ 65.7k

8.7yrs

Average Tenure

67yo

Average Age

Experienced Board: WN.PRD's board of directors are considered experienced (8.7 years average tenure).