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Loblaw CEO Galen Weston's compensation jumps 55 per cent to $8.4 million

Apr 13, 2023

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Senior Consultant Eddington Ruiz analyzed executive compensation for the interlocking roles occupied by the head of Loblaw Companies Limited and George Weston Foods in this interview Galen Weston, CEO of Loblaw and Rosa Saba of The Canadian Press; after his compensation was disclosed to see a 55% increase in reaching $8.4 million.


‘‘Galen Weston took in $8.4 million in total compensation in the 2022 fiscal year in his role at the head of Loblaw Companies Ltd. Meanwhile, Empire Company Ltd. CEO Michael Medline took in $8.7 million, while Metro Inc. CEO Eric La Fleche earned $5.4 million. But Weston's Loblaw compensation isn't the full picture, as he is also head of the George Weston Ltd. holding company. His total compensation reached $11.7 million in 2022, a nearly $1.1-million increase from the year before.’’

Read the full article at CTV News.


Apr 13, 2023

1 min read

0

11

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