Galen Weston Jr.

Businessman

Birthday December 19, 1972

Birth Sign Sagittarius

Birthplace Dublin, Leinster, Ireland

Age 51 years old

Nationality Canada

#22441 Most Popular

1966

He married Hilary Frayne there in 1966 and had two children, Alannah and Galen.

1972

Willard Galen Garfield Weston (born December 19, 1972), known as Galen Weston Jr. or Galen G. Weston, is an Irish-Canadian businessman and a member of the prominent Weston family.

He serves as chairman and chief executive officer (CEO) of George Weston Limited, as well as executive chairman and president of Loblaw Companies Limited.

He is the second child and only son of Galen Weston and Hilary Weston.

Weston was born on December 19, 1972, in Dublin, Ireland, where his father Galen Weston had relocated to in the 1960s.

Weston's father originally moved to Dublin to start up a supermarket chain.

1974

The Westons relocated to Canada in 1974.

Weston grew up in Toronto, Ontario, where he attended Upper Canada College.

He subsequently received his bachelor's from Harvard University and his Master of Business Administration degree from Columbia University.

1980

Since becoming chairman of Loblaw, Weston has featured in a number of television and radio commercials for Loblaw and its brands, similar to Dave Nichol who had been the spokesman for Loblaw in the 1980s.

2005

In 2005, Weston married Alexandra Schmidt, granddaughter of businessman Thomas J. Bata and his wife, Sonja.

The Westons' residences include a 500 acre gated country estate in The Grange equestrian neighbourhood, in Caledon, Ontario.

2006

Weston succeeded his father to become the executive chairman of Loblaw Companies Limited in October 2006.

Previously, he had held positions in the company for eight years and was a member of its board of directors.

At that point, the company was worth around $9.5 billion.

2016

In September 2016, Weston took over from his father as CEO of George Weston Limited.

2017

On December 19, 2017, Loblaw and its parent company George Weston Limited announced action the companies had taken to address their role in a price-fixing arrangement involving certain packaged bread products.

In the statement, Weston is quoted as saying "this sort of behaviour is wrong and has no place in our business or Canada's grocery industry," and that "this should never have happened."

In response, Loblaw and George Weston said the companies had reported the price fixing to the Competition Bureau, that the employees responsible for George Weston and Loblaw's role in this are no longer with the companies and the companies had significantly enhanced their compliance programs with measures that are industry-leading and go further than the Competition Bureau's requirements.

Loblaw also announced it was offering customers a $25 Loblaw Card, which could be used to purchase items sold in Loblaw grocery stores across Canada.

2018

Registration for the card opened on January 8, 2018.

2019

As of April 2019, many people have still not received the restitution.

2020

In December 2020, Weston succeeded his father as the controlling shareholder of Wittington Investments, Limited, which controls George Weston Limited.

In March 2021, it was announced that Weston would assume the leadership role at Loblaw Companies Limited following the retirement of Sarah Davis as its president that year, changing his title from executive chairman to chairman and president.

In June 2020, Weston confirmed the cancellation of an hourly CA$2.00 wage premium to Loblaw workers, which received criticism from then Unifor President Jerry Dias.

The premium was paid to low-wage grocery store workers, who were deemed "essential" and required to attend work while much of Canada was shut down in response to the COVID-19 pandemic.

The cancellation of the pandemic wage premium drew further criticism, as Weston's pay package from Loblaws in 2022 was worth $8.4 million (after receiving a $3 million pay rise from 2021) and including his remuneration as head of George Weston Ltd. his total compensation reached $11.7 million.

Weston, who had been the company spokesman of Loblaw advertising campaigns in addition to his executive role as Loblaw president, has since 2022 became the "very face of grocery store gouging" after he aggressively defended Loblaws' record profits and stated that Loblaws was not responsible for increased grocery prices during the 2021–2023 inflation surge.

On April 18, 2023, it was announced that Weston would step down as president of Loblaw, to be succeeded by Danish retail veteran Per Bank in 2024.