Loblaw hiring European retail executive Per Bank as company's next CEO

The parent company of the Loblaws grocery chain and Shoppers Drug Mart says Bank, the chief executive of Denmark’s Salling Group A/S, will join the company by early 2024.The hiring of Bank comes as Loblaw chief operating officer Robert Sawyer plans to retire at the end of the year.

Galen Weston has been serving as president of Loblaw since 2021 when Sarah Davis retired from the job. He will remain chair of the Loblaw board, as well as chair and chief executive of George Weston Ltd., the retailer's parent company.

Meanwhile Canadian Tire and Rogers outsourcing Canadian IT jobs to India.

Is Per short for Peresidents Choice?

congratulations NDP, a lot of teachers and all canadians with CPP will be paying for your attacks from their pension growth.

Why a European and not a Canadian?

Wait what? Galen just got a raise last year for this job and he was so underpaid. Now he's moving on.... 😲

Trying to put lipstick on a pig. Weston is still CEO of George Weston LTD, the parent company of Loblaw's.

Good maybe we can finally get Non-GMO products or at least have a choice!

Great maybe he can bring in some European quality of food and product innovation....

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Loblaw hires European retail executive Per Bank as company’s next CEOThe hiring of Per Bank comes as Loblaw chief operating officer Robert Sawyer plans to retire at the end of the year I read aboot this on the bob loblaw law blog Don’t tell jagmeet
Bron: globeandmail - 🏆 5. / 92 Lees verder »

Loblaw hiring European retail executive Per Bank as companies next CEO - BNN BloombergLoblaw Companies Ltd. is hiring veteran European retail executive Per Bank as its next president and chief executive.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »

Loblaw hiring European retail executive Per Bank as company’s next CEOLoblaw Companies Ltd. is hiring veteran European retail executive Per Bank as its next president and chief executive. Surprised the news paper would get the grammar wrong. Should be “company’s” not “companies” Gets criticized for gouging the public CEO states profits aren’t high, though their average margins have more than doubled throughout the pandemic CEO receives $1M raise, a 55% raise, despite claiming profit margins aren’t soaring CEO leaves role Hire a mf named Banks 🤦‍♂️
Bron: TorontoStar - 🏆 60. / 55 Lees verder »