Canadianbusiness
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2 · Galen Weston
$7.1 billion


The elder Weston chose to put his 33-year-old son, Galen G., in charge of Loblaw Cos. Ltd. in September, giving him the title of executive chairman.

The surprise move coincided with the departure of long-time company man and former president John Lederer, leaving analysts questioning Galen G.’s ability to run the company at a time when, given Wal-Mart’s aggressive entry into the grocery market, competition is fiercer than ever.

 

"Innovation powers our world, but it takes inspiration, experience, and creativity to stimulate
true innovation."
- Galen Weston

MORE » Weston undergoes a shakeup


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