Loblaw Companies Management
Management criteria checks 1/4
Loblaw Companies' CEO is Per Bank, appointed in Nov 2023, has a tenure of 1.08 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 $28.04K. The average tenure of the management team and the board of directors is 1.9 years and 7.4 years respectively.
Key information
Per Bank
Chief executive officer
CA$24.3m
Total compensation
| CEO salary percentage | 1.8% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.00007% |
| Management average tenure | 1.9yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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$2b |
Compensation vs Market: Per's total compensation ($USD16.93M) is above average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Insufficient data to compare Per's compensation with company performance.
CEO
Per Bank (57 yo)
1.1yrs
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 | 1.1yrs | CA$24.33m | 0.000070% $ 28.0k | |
| CFO & Member of Management Board | 3.6yrs | CA$9.05m | 0.0038% $ 1.5m | |
| Member of Management Board & President of Shoppers Drug Mart | 6.9yrs | CA$3.21m | 0.0017% $ 672.9k | |
| Executive VP | 9.3yrs | no data | 0.0027% $ 1.1m | |
| Chief Administrative Officer & Member of Management Board | 6.9yrs | no data | 0.00015% $ 60.1k | |
| Executive VP | no data | no data | 0.00071% $ 284.4k | |
| Executive VP | 3.9yrs | no data | 0.0010% $ 420.6k | |
| President of Market & Superstore Division and Member of Management Board | 1.9yrs | no data | 0.0023% $ 913.3k | |
| Senior VP of Marketing & Control Brands and Member of Management Board | 1.9yrs | no data | no data | |
| Senior VP of Loyalty | 1.9yrs | no data | no data | |
| Senior VP of Business Enablement & Enterprise Procurement and Member of Management Board | 1.1yrs | no data | no data | |
| CEO of T&T Supermarkets and Member of Management Board | 1.9yrs | no data | no data |
1.9yrs
Average Tenure
Experienced Management: LBLC.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Lead Director | 6.6yrs | CA$329.50k | 0.0083% $ 3.3m | |
| Independent Director | 10.8yrs | CA$265.00k | 0.00030% $ 120.2k | |
| Independent Director | 8.2yrs | CA$260.00k | no data | |
| Independent Director | 8.6yrs | CA$340.00k | 0.00078% $ 312.4k | |
| Independent Director | 2.1yrs | CA$260.00k | no data | |
| Independent Director | 13.9yrs | CA$294.50k | 0.0047% $ 1.9m | |
| Chairman of the Board | 18.3yrs | CA$8.01m | 0.16% $ 62.8m | |
| Independent Director | 5.6yrs | CA$280.00k | 0.00096% $ 384.5k | |
| Independent Director | 4.7yrs | CA$260.00k | no data | |
| Independent Director | 8.6yrs | CA$260.00k | no data | |
| Independent Director | 1.6yrs | CA$165.10k | no data | |
| Director | 2.9yrs | CA$250.00k | 0.00010% $ 40.1k |
7.4yrs
Average Tenure
66yo
Average Age
Experienced Board: LBLC.F's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/05 |
| Annual Earnings | 2023/12/30 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
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 .
Analyst Sources
Loblaw Companies Limited is covered by 26 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 |
| Tamy Chen | BMO Capital Markets Equity Research |