Galen Weston steps back from day-to-day operations of Loblaw as grocer hires new CEO

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Galen Weston steps back from day-to-day operations of Loblaw as grocer hires new CEO
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Galen Weston will stay as Loblaw chairman but is handing over the reins of president with retail exec Per Bank hired as next CEO. Read more.

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as president and chief executive, Loblaw announced on April 18. Weston, currently Loblaw’s president and chairman, will “step back from day-to-day management of the business” and focus on his roles as both Loblaw chairman and chief executive of Loblaw’s parent company George Weston Ltd., he told analysts on a conference call.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

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