George Weston Limited (WN.TO) and Loblaw Companies Limited (L.TO) announced the upcoming retirement of Loblaw President, Sarah Davis, on May 6. She will be succeeded by Executive Chairman, Galen Weston, who will become Chairman and President in addition to his current role as Chairman and CEO at George Weston Limited.
The companies also announced that Robert Sawyer will join Loblaw as Chief Operating Officer. Richard Dufresne, President and CFO of George Weston Limited, will expand his responsibilities to include becoming CFO of Loblaw on May 6.
Darren Myers will be leaving Loblaw after Annual General Meeting on May 6.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.