While Canadians are often holding their breath as they approach their grocery store cash register these days, it appears our grocers’ C-Suite chains are just getting richer.
Galen Weston, President and CEO of Loblaw will get a hefty raise this year, $32 million in salaries and bonuses, up 52% from 2022. Even though these past 12 months have been marked by historical food price inflation for consumers, the Loblaw Board felt Mr. Weston was underpaid.
