The Woodbridge Company

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The Woodbridge Company Limited
Company type Private
Founder Roy Thomson
Headquarters
Toronto , Ontario
,
Canada
Key people
David W. Binet
(President and CEO)
Owner Thomson family
Subsidiaries Thomson Reuters
The Globe and Mail

The Woodbridge Company Limited is a Canadian private holding company based in Toronto , Ontario. It is the primary investment vehicle for members of the family of the late Roy Thomson, 1st Baron Thomson of Fleet . [1] David W. Binet has been the president and chief executive officer of the company since 2012. [2]

Main holdings [ edit ]

Woodbridge is the principal and controlling shareholder (67.8%) of Thomson Reuters , a multinational media conglomerate . [3] Thomson Reuters was formed in 2008, when the Thomson Corporation acquired Reuters . [4]

In late 2010, Woodbridge sold its 40% interest in CTVglobemedia (a Canadian media company with ownership of the CTV Television Network ) to BCE Inc . Woodbridge held an 85% interest in The Globe and Mail newspaper before acquiring the remaining 15% owned by BCE in August 2015. [5]

Ownership [ edit ]

Woodbridge is the primary investment vehicle for members of the Thomson family of Canada. [1] David Thomson and his brother, Peter Thomson , became chairmen of Woodbridge in 2006 upon the death of their father, Kenneth Thomson .

In 2015, Canadian Business magazine reported that Sherry Brydson – child of Irma Thomson, one of Roy Thomson's two daughters – holds the largest stake in the family company. [6] It is estimated that she holds 23.47% of the company's shares. [6] [7]

See also [ edit ]

References [ edit ]

  1. ^ a b "The Woodbridge Company Limited" . Bloomberg . Retrieved 2018-03-08 .
  2. ^ "Woodbridge selects long-time executive David Binet as president" . The Globe and Mail . 29 November 2012 . Retrieved 2020-06-03 .
  3. ^ 2015 Annual Report Regulatory Filing [ dead link ] 156p
  4. ^ Haycock, Gavin; MacMillan, Robert (2008-04-17). "Thomson Reuters debuts amid global market jitters" . Reuters . Retrieved 2020-06-03 .
  5. ^ Canada (2010-09-10). "Woodbridge Acquires Direct Ownership of The Globe and Mail" . CNW . Retrieved 2011-01-05 .
  6. ^ a b "Canada's Richest People 2015: Meet Sherry Brydson, Canada's Richest Woman" . Archived from the original on 28 July 2021 . Retrieved 11 March 2015 . {{ cite web }} : CS1 maint: bot: original URL status unknown ( link )
  7. ^ "James Pattison takes crown as Canada's richest as new information reveals David Thomson's fortune smaller than thought" . Financial Post . Retrieved 2018-03-31 .

External links [ edit ]