What Happened?
Toronto, ON-based Weston Appointed Rashid Wasti as Executive Vice President and Chief Talent Officer
About the Company
George Weston Limited is a Canadian public company founded in 1882 and through its operating subsidiaries constitutes one of North America’s largest food processing and distribution groups. Weston has two reportable operating segments: Weston Foods and Loblaw Companies Limited (“Loblaw”). Weston Foods is primarily engaged in the baking and dairy industries within North America. Loblaw is Canada’s largest food distributor and a leading provider of general merchandise, drugstore and financial products and services. Weston seeks long term, stable growth in its operating segments through continuous capital investment supported by a strong balance sheet, thereby providing sustainable returns to its shareholders through a combination of common share price appreciation and dividends. In order to be successful in delivering long term value to shareholders and to fulfill its long term objectives of security and growth, Weston employs various operating strategies. Weston Foods concentrates on brand development, low operating costs and maintaining a broad customer base, with the objective of being the best provider of bakery solutions and fresh dairy products to its customers. Loblaw concentrates on food retailing, with the objective of providing Canadian consumers with the best in one-stop shopping for everyday household needs. Weston is committed to creating value for its shareholders and participating along with its more than 155,000 employees in supporting the communities in which it operates.
About the Person
Rashid Wasti is Executive Vice President and Chief Talent Officer at Weston. Previously, Rashid held various senior HR leadership roles in the industry.
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