Loblaw Companies Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Per Bank

Chief executive officer

CA$24.3m

Total compensation

CEO salary percentage	1.8%
CEO tenure	less than a year
CEO ownership	0.00007%
Management average tenure	1.8yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Per Bank's remuneration changed compared to Loblaw Companies's earnings?
Date	Total Compensation	Salary	Company Earnings
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 ($USD17.42M) is above average for companies of similar size in the German market ($USD4.77M).

Compensation vs Earnings: Insufficient data to compare Per's compensation with company performance.

CEO

Per Bank (57 yo)

less than a year

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
Per Bank	President	less than a year	CA$24.33m	0.000070% € 25.7k
Richard Dufresne	CFO & Member of Management Board	3.5yrs	CA$9.05m	0.0038% € 1.4m
Jeffery Leger	Member of Management Board & President of Shoppers Drug Mart	6.8yrs	CA$3.21m	0.0019% € 685.6k
Mark W. Wilson	Executive VP	9.2yrs	no data	0.0027% € 971.5k
Robert Wiebe	Chief Administrative Officer & Member of Management Board	6.8yrs	no data	0.00015% € 55.0k
Nicholas Henn	Executive VP	no data	no data	0.00070% € 256.6k
David Markwell	Executive VP	3.8yrs	no data	0.0010% € 385.0k
Frank Gambioli	President of Market & Superstore Division and Member of Management Board	1.8yrs	no data	0.0023% € 832.2k
Mary MacIsaac	Senior VP of Marketing & Control Brands and Member of Management Board	1.8yrs	no data	no data
Lauren Steinberg	Senior VP of Loyalty	1.8yrs	no data	no data
Mike Rinaldi	Senior VP of Business Enablement & Enterprise Procurement and Member of Management Board	less than a year	no data	no data
Tina Lee	CEO of T&T Supermarkets and Member of Management Board	1.8yrs	no data	no data

1.8yrs

Average Tenure

Experienced Management: L8G's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
William Downe	Independent Lead Director	6.5yrs	CA$329.50k	0.0083% € 3.0m
Sarah Raiss	Independent Director	10.7yrs	CA$265.00k	0.00030% € 110.0k
Scott Bonham	Independent Director	8.1yrs	CA$260.00k	no data
M. Harris	Independent Director	8.5yrs	CA$340.00k	0.00077% € 282.3k
Shelley Broader	Independent Director	2yrs	CA$260.00k	no data
Christie James Clark	Independent Director	13.8yrs	CA$294.50k	0.0055% € 2.0m
Galen Weston	Chairman of the Board	18.2yrs	CA$8.01m	0.16% € 57.3m
Janice Fukakusa	Independent Director	5.5yrs	CA$280.00k	0.00096% € 352.0k
Daniel Debow	Independent Director	4.6yrs	CA$260.00k	no data
Claudia Kotchka	Independent Director	8.5yrs	CA$260.00k	no data
Kevin Holt	Independent Director	1.5yrs	CA$165.10k	no data
Cornell Wright	Director	2.8yrs	CA$250.00k	0.00010% € 36.7k

7.3yrs

Average Tenure

66yo

Average Age

Experienced Board: L8G's board of directors are considered experienced (7.3 years average tenure).

Loblaw Companies Management

Management criteria checks 1/4

Key information

Recent management updates

Loblaw Companies Limited, Annual General Meeting, May 02, 2024

Loblaw Companies Limited Elects M. Marianne Harris and Kevin Holt to Its Board of Directors

Executive VP recently bought €509k worth of stock

Loblaw Companies Limited, Annual General Meeting, May 04, 2023

Insider recently sold €409k worth of stock

Insider recently sold €782k worth of stock

Recent updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: CA$2.53 (vs CA$1.97 in 3Q 2023)

Loblaw Companies Limited Declares A Quarterly Dividend on Common Shares, Payable on December 30, 2024

Loblaw Companies Limited to Report Q3, 2024 Results on Nov 13, 2024

Upcoming dividend of CA$0.51 per share

Second quarter dividend of CA$0.51 announced

Second quarter 2024 earnings released: EPS: CA$1.50 (vs CA$1.59 in 2Q 2023)

$500 Million Settlement Reaches with George Weston Limited and Loblaw Companies Limited in Packaged Bread Price-Fixing Class Action

Loblaw Companies Limited to Report Q2, 2024 Results on Jul 25, 2024

Quebecor Files Complaint with Competition Bureau Against Partnership Plans Between Loblaw and Glentel

Upcoming dividend of CA$0.51 per share

Fourth quarter dividend of CA$0.51 announced

Loblaw Companies Limited Declares Quarterly Dividend on Common Shares, Payable on July 1, 2024

Loblaw Companies Limited to Report Q1, 2024 Results on May 01, 2024

Upcoming dividend of CA$0.45 per share

Loblaw Companies Limited announced that it has received CAD 400 million in funding

Loblaw Companies Limited announced that it expects to receive CAD 400 million in funding

Fourth quarter dividend of CA$0.45 announced

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: CA$6.63 (vs CA$5.82 in FY 2022)

Loblaw Companies Limited, Annual General Meeting, May 02, 2024

Loblaw Companies Limited to Report Q4, 2023 Results on Feb 22, 2024

Now 22% overvalued after recent price rise

Upcoming dividend of CA$0.45 per share at 1.5% yield

Third quarter 2023 earnings released: EPS: CA$1.97 (vs CA$1.71 in 3Q 2022)

Loblaw Companies Limited Declares Quarterly Dividend, Payable on December 30, 2023

Loblaw Companies Limited to Report Q3, 2023 Results on Nov 15, 2023

Upcoming dividend of CA$0.45 per share at 1.5% yield

Now 20% undervalued after recent price drop

Loblaw Companies Limited Declares Quarterly Dividend on Common Shares, Payable on October 1, 2023

Second quarter 2023 earnings released: EPS: CA$1.60 (vs CA$1.17 in 2Q 2022)

Loblaw Companies Limited to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of CA$0.45 per share at 1.5% yield

Loblaw Companies Limited Elects M. Marianne Harris and Kevin Holt to Its Board of Directors

First quarter 2023 earnings released: EPS: CA$1.31 (vs CA$1.31 in 1Q 2022)

Upcoming dividend of CA$0.41 per share at 1.4% yield

Executive VP recently bought €509k worth of stock

Full year 2022 earnings released: EPS: CA$5.86 (vs CA$5.49 in FY 2021)

Loblaw Companies Limited, Annual General Meeting, May 04, 2023

Loblaw Companies Limited to Report Q4, 2022 Results on Feb 23, 2023

Upcoming dividend of CA$0.41 per share

Insider recently sold €409k worth of stock

Third quarter 2022 earnings released: EPS: CA$1.72 (vs CA$1.28 in 3Q 2021)

Loblaw Companies Limited Declares Quarterly Dividend on Common Shares, Payable on December 30, 2022

Loblaw Companies Limited to Report Q3, 2022 Results on Nov 16, 2022

Loblaw Companies Limited announced that it has received CAD 800 million in funding

Upcoming dividend of CA$0.41 per share

Loblaw Companies Limited announced that it expects to receive CAD 800 million in funding

Insider recently sold €782k worth of stock

Second quarter 2022 earnings released: EPS: CA$1.18 (vs CA$1.10 in 2Q 2021)

Loblaw Companies Limited to Report Q2, 2022 Results on Jul 27, 2022

Upcoming dividend of CA$0.41 per share

First quarter 2022 earnings released: EPS: CA$1.32 (vs CA$0.91 in 1Q 2021)

Loblaw Companies Limited Provides Sales Guidance for the Second Half and Full Year of 2022

Loblaw Companies Limited Provides Sales Guidance for the Second Half of 2022 and Full Year 2022

Loblaw Companies Limited to Report Q1, 2022 Results on May 04, 2022

Insider recently sold €800k worth of stock

Upcoming dividend of CA$0.36 per share

Insider recently sold €1.7m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Loblaw Companies Limited Provides Earnings Guidance for the Full Year 2022

Loblaw Companies Limited, Annual General Meeting, May 05, 2022

Loblaw Companies Limited Announces PC Brand Lemon & Ginger Sicilian Soda Recalled Due to Possible Presence of Glass

Loblaw Companies Limited to Report Q4, 2021 Results on Feb 24, 2022

Upcoming dividend of CA$0.36 per share

Third quarter 2021 earnings released: EPS CA$1.29 (vs CA$0.96 in 3Q 2020)

Second quarter 2021 earnings released: EPS CA$1.10 (vs CA$0.47 in 2Q 2020)

Upcoming dividend of CA$0.34 per share

CFO & Member of Management Board has left the company