CANADA: Loblaw Parent Company Sees Change Of Executive Chairman

George Weston Limited, the parent company of Loblaw, has announced that W. Galen Weston will be stepping down as Executive Chairman.

Galen Weston assumed executive control of the company in 1974, and will retain the role of Chairman Emeritus. He will be succeeded as Executive Chairman by his son, Galen G. Weston, who will continue to remain Executive Chairman and President of Loblaw.

The handovers marks the fourth generation of the Weston family to oversee the brands.