The largest grocery retailer in Canada announced that they are merging and integrating the CEO’s responsibilities among their highest administration roles. Chairman and former CEO Galen Weston has become executive chairman, and Sarah Davis has taken on additional duties in her role as president.
In Weston’s role of executive chairman, Weston will maintain senior executive oversight of Loblaw’s long-term strategy—Loblaw hope that he will now be more attentive and hands-on in the transformation underway at parent company George Weston Ltd., where he is still chairman and CEO. Davis’s new position puts her in charge of Loblaw’s 13-member management board and adds finance and human resources to her direct reporting lines. Her new responsibilities sit on top of her current daily duties which already include supervision of Loblaw’s business performance.
Loblaw noted that no other changes have been made to its executive team.