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United States

Empire Company Ltd (EMPa.TO)

EMPa.TO on Toronto Stock Exchange

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10 Dec 2018
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Summary

Name Age Since Current Position

James Dickson

60 2016 Chairman of the Board

Michael Medline

55 2017 President, Chief Executive Officer, Director

Michael Vels

2017 Chief Financial Officer, Executive Vice President

Simon Gagne

2017 Executive Vice President - Human Resources

Lyne Castonguay

2017 Executive Vice President - Merchandising

Clinton Keay

2017 Executive Vice President - Technology and Transformation Management

Jason Potter

2017 Executive Vice President - Operations

Vivek Sood

2017 Executive Vice President - Related Businesses

Pierre St-Laurent

2017 Executive Vice President - Quebec

Douglas Nathanson

Senior Vice President, General Counsel, Secretary

Cynthia Devine

54 2013 Independent Director

Sharon Driscoll

56 2018 Independent Director

Gregory Josefowicz

65 2016 Independent Director

Susan Lee

66 2014 Independent Director

William Linton

64 2014 Independent Director

Martine Reardon

56 2017 Independent Director

Frank Sobey

65 2014 Non-Independent Director

John Sobey

69 1979 Independent Director

Karl Sobey

63 2001 Non-Independent Director

Paul Sobey

61 2013 Non-Independent Director

Robert Sobey

51 1998 Non-Independent Director

Martine Turcotte

57 2012 Independent Director

Biographies

Name Description

James Dickson

Mr. James M. Dickson, QC, serves as a Chairman of the Board of the Company. Mr. Dickson joined the Empire board in September, 2015. Mr. Dickson is also a director of Clearwater Seafoods Inc. and chair of the board of Regents of Mount Allison University. After a distinguished career at the law firm Stewart McKelvey, where he practiced primarily in the areas of mergers and acquisitions, corporate finance and securities for more than 20 years, and chaired the firm for several years, Mr. Dickson retired from the partnership and became counsel to the firm earlier this year. He has business operations experience in both the energy sector and food retail, through roles earlier in his career at Gulf Canada and Sobeys. Mr. Dickson holds a certificate in engineering from Mount Allison University, a bachelor of civil engineering from the Technical University of Nova Scotia and a bachelor of laws from the University of Calgary. He is a professional engineer and was appointed Queen's Counsel in 2010.

Michael Medline

Mr. Michael B. Medline serves as a President, Chief Executive Officer, Director of the Company. Mr. Medline is a proven leader with a strong record of success. Prior to joining Empire, he served for more than 15 years in a variety of senior retail leadership roles at Canadian Tire Corp., most recently as that organization's president and chief executive officer. He is ideally positioned to lead Empire in serving the needs of its customers and to oversee the return of long-term, profitable growth to the company.

Michael Vels

Mr. Michael H. Vels is Chief Financial Officer, Executive Vice President of the Company. Mr. Vels was most recently chief financial officer of Hydro One, where he played an instrumental role in that organization's initial public offering in 2015, laying the foundations for transformation of Hydro One from a Crown corporation to a customer-focused, commercial-investor-owned electrical utility. From 2004 to 2014, he served as Maple Leaf Foods' chief financial officer, where he led the company's finance, mergers and acquisitions, information technology, and communications functions, supporting the successful transformation of Maple Leaf as it implemented new systems, invested in manufacturing and supply chain initiatives, and finally, in 2014, as chief transition officer, led the restructuring of senior management and back-office functions.

Simon Gagne

Mr. Simon Gagne is Executive Vice President - Human Resources of the Company. In his capacity as overall leader of the Company’s People, Performance and Development strategy, Mr. Gagné serves as the principal counsel and steward of Sobeys’ talent attraction, retention and development initiatives, as well as the organization’s succession and career planning, leadership development and people engagement initiatives. A native of Matane, Québec, Mr. Gagné has close to 30-years experience in food retailing and in private and public transportation. Between 1985 and 1997, Mr. Gagné held a variety of progressively senior management positions with Cabano Transport in both Montréal and Ottawa and with the Montreal Urban Transit system (STM). In 1997, he joined the Oshawa Group as Director, Employee Relations and in 2000 was appointed Vice President, Human Resources and Internal Communications, Sobeys Quebéc. In 2010, he assumed additional responsibility for the Company’s Distribution & Logistics function in Québec. Mr. Gagné is actively involved in community sports and leisure. Mr. Gagné has a Bachelor’s Degree and a Master’s Degree from Laval University.

Lyne Castonguay

Ms. Lyne Castonguay serves as an Executive Vice President - Merchandising of the company. She is responsibility for category management, marketing, data insights, research, procurement, private label and merchandising as well as the company’s digital strategy. For the past 14 years Ms. Castonguay has held progressively senior positions with The Home Depot both in Canada and, for the past 12 years, the United States, most recently serving as Senior Vice President, Home Services. Prior to The Home Depot Ms. Castonguay worked for General Electric in Canada where she held numerous roles including General Manager for the Canadian lighting business. She has experience in both retailing and manufacturing in the United States, Canada, Europe and Asia.

Clinton Keay

Mr. Clinton D. Keay serves as a Executive Vice President - Technology and Transformation Management of the Company. Prior to February 2014 was Senior Vice President & Chief Information Officer, Sobeys. Prior to October 2011 he was Senior Vice President, Information and Technology and Business Process Optimization.

Jason Potter

Mr. Jason Potter serves as an Executive Vice President - Operations of the company. Prior to April, 2015 was President, Sobeys Multi-Format Operations. Prior to October 2011 he was President Operations, Sobeys Atlantic.

Vivek Sood

Pierre St-Laurent

Douglas Nathanson

Mr. Douglas B. Nathanson serves as Senior Vice President, General Counsel, Secretary of the company. Mr. Doug Nathanson, who prior to April 2018 was General Counsel, Canadian Tire Corporation (CTC) from February 2016 to April 2018. He is General Counsel & Chief Human Resources Officer, CTC from March 2015 to February 2016. He was Senior Vice President and Chief Corporate Strategy & Human Resources Officer (CTC) from August 2013 to March 2015; and Senior Vice President and Chief Human Resources Officer (CTC) from March 2012 to August 2013.

Cynthia Devine

Ms. Cynthia J. Devine serves as an Independent Director of Empire Company Ltd. She is the Executive Vice President & Chief Financial Officer of RioCan Real Estate Investment Trust. Prior to her appointment as CFO of RioCan in March 2015, Ms. Devine was the CFO of Tim Hortons Inc. from 2003 until 2014. She previously served as a senior executive in a financial capacity at Maple Leaf Foods and Pepsi-Cola Canada, where she was CFO. She serves as a member of the Ivey Advisory Board for the Richard Ivey School of Business. She previously served as a Director of ING Direct Canada. Ms. Devine holds an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario and is a Fellow of the Institute of Chartered Professional Accountants of Ontario.

Sharon Driscoll

Ms. Sharon R. Driscoll serves as Independent Director of the company. Ms. Sharon Driscoll is the Chief Financial Officer of Ritchie Bros. Auctioneers Inc. Previously, Ms. Driscoll was the Executive Vice President & Chief Financial Officer of Katz Group Canada Ltd. from 2013 until 2015. Prior to that, from 2008 until 2013, she was the Senior Vice President & Chief Financial Officer of Sears Canada Inc. Ms. Driscoll has a Bachelor of Commerce (Honours) degree from Queen’s University and is a member of the Institutes of Chartered Professional Accountants of Ontario and British Columbia.

Gregory Josefowicz

Mr. Gregory P. Josefowicz serves as an Independent Director of the company. He is a seasoned retailer with over 38 years of business experience. Mr. Josefowicz was Chairman, President and Chief Executive Officer of Borders Group Inc. from 1999 until his retirement in 2006. Prior to that, he held progressively senior roles over a 30-year career at Jewel-Osco, ending as President until the acquisition by Albertsons in 1999. Mr. Josefowicz serves as a director of True Value Company and United States Cellular Corporation. He previously served as the lead director of Roundy’s Inc. and Winn-Dixie Stores, and as a director of Pet Smart, Inc. Tops Markets, Inc and SpartanNash. Mr. Josefowicz holds a Bachelor of Arts degree in Marketing from Michigan State University and a Masters of Business degree in Finance from Northwestern University, Kellogg School of Management.

Susan Lee

Ms. Susan Lee (Sue) serves as an Independent Director of the Company. She is a corporate director with more than 30 years of business experience including her most recent role as Senior Vice President, Human Resources and Communications at Suncor, from which she retired in 2012. She previously had a 14 year career with TransAlta, culminating in the role of Vice President of Human Resources. Ms. Lee serves as a director of Bonavista Energy Corporation and Waste Connections Inc. She previously served as a director of Altalink, Holcim Canada and Progressive Waste Solutions. Ms. Lee holds a Bachelor of Arts degree from Rhodes University as well as a Postgraduate Honours Diploma in Personnel Management and Organizational Behaviour from the University of the Witwatersrand in Johannesburg. She has completed the ICD Directors Education Program at the Haskayne School of Business in Calgary.

William Linton

Mr. William W. Linton serves as an Independent Director of the Company. He is a corporate director with more than 30 years of business experience including his most recent role as Executive Vice President, Finance and Chief Financial Officer at Rogers Communications Inc., from which he retired in 2012. Previously, he held other senior executive positions including President and Chief Executive Officer of Call-Net Enterprises Inc., Chair and Chief Executive Officer of Prior Data Sciences Inc. and Executive Vice President and Chief Financial Officer of SHL Systemhouse Inc. Mr. Linton serves as a director of CSL Group Inc. and TMX Group. Mr. Linton holds a Bachelor of Commerce degree from Saint Mary’s University and is a Fellow of the Institute of Chartered Professional Accountants of Ontario.

Martine Reardon

Ms. Martine Reardon is an independent director of the company. Martine Reardon is a corporate director with over 30 years of retail marketing experience including her most recent role as Chief Marketing Officer at Macy’s Inc., from which she retired in 2016. She previously held various progressively senior roles at Macy’s. Ms. Reardon is a strategic advisor to the National Retail Federation and on the advisory boards of Lumanu, Inc. and Snap+Style, Inc. In 2015, Ms. Reardon was ranked in the top ten of the “50 Most Influential CMOs in the World” by Forbes. Ms. Reardon holds a Bachelor of Science degree in Business Management from St. Francis College.

Frank Sobey

Mr. Frank C. Sobey serves as a Independent Director of Empire Company Limited. He is Chairman of Crombie REIT. Mr. Sobey was Vice President, Real Estate of Empire Company Limited until his retirement in June 2014 after 36 years with the Company. He serves as Chairman of the Dalhousie Medical Research Foundation and as a Board member of the Canadian-U.S. Fulbright Program. Mr. Sobey previously served as a director of Wajax Income Fund (now Wajax Corporation). Mr. Sobey graduated from Harvard University Business School’s Advanced Management Program and earned the ICD.D designation. He holds an honourary degree from Dalhousie University.

John Sobey

Mr. John R. Sobey serves as an Independent Director of Empire Company Limited. He is a corporate director and serves a director of Sobeys. Mr. Sobey was President and Chief Operating Officer of Sobeys until his retirement in 2001, after 34 years with the Company. Mr. Sobey previously served as a director of Atlantic Shopping Centers, Hannaford Bros., and Medavie Inc. Mr. Sobey graduated from Harvard University Business School’s Advanced Management Program.

Karl Sobey

Mr. Karl R. Sobey serves as an Independent Director of Empire Company Limited. He is a corporate director and President of Caribou River Investments Limited and JAFA Investments Limited. He was President of the Atlantic Division of Sobeys until his retirement in 2001 after 27 years with the Company. He graduated from the Advanced Management Program at the Richard Ivey School of Business, University of Western Ontario.

Paul Sobey

Mr. Paul D. Sobey serves as a Independent Director of Empire Company Limited. He is a corporate director. Mr. Sobey was the President and Chief Executive Officer of Empire Company Limited from 1998 until his retirement in December 2013 after 31 years with the Company. He serves a director of the Bank of Nova Scotia, a trustee of Crombie REIT and Chancellor of Saint Mary’s University. Mr. Sobey previously served as the Chairman of Wajax Income Fund (now Wajax Corporation), a director of Emera Inc., and a member of the Board of Governors of Saint Mary’s University. Mr. Sobey holds a Bachelor of Commerce degree from Dalhousie University and graduated from Harvard University Business School’s Advanced Management Program. He received an honourary Doctorate of Commerce from Saint Mary’s University and is a Fellow of the Institute of Chartered Professional Accountants of Nova Scotia.

Robert Sobey

Mr. Robert G. C. Sobey serves as a Independent Director of Empire Company Limited. He is a corporate director. Mr. Sobey was the President and Chief Executive Officer of Lawton’s Drug Stores Limited until his retirement in January 2014 after 25 years with Sobeys. He serves as a director of DHX Media Ltd., SeaFort Capital, Norvista Capital Corporation and Stanfield’s Limited. Mr. Sobey sits on the Queen’s School of Business Advisory Board, the Tate (UK) Americas Foundation, and the Atlantic Council of the WWF. Mr. Sobey is Chairman of the Sobey Art Foundation and the D&R Sobey Scholarship Programs, and is an Honourary Chair of Ventures for Canada. He is Honourary Colonel of the 1st Field Artillery Regiment (RCA) for which he received a Queen’s Diamond Jubilee Medal. Mr. Sobey previously served as Chairman of NSCC, Chairman of AGNS, Vice Chairman of NSCAD, and as a member of the Board of Trustees of Queen’s University and Dalhousie University. Mr. Sobey holds a Bachelor of Arts (Honours) degree from Queen’s University and a Masters of Business Administration degree from Babson Graduate School. In 2009, he earned the ICD.D designation.

Martine Turcotte

Ms. Martine Turcotte serves as an Independent Director of Empire Company Ltd. She is Vice Chair, Québec of BCE Inc. and Bell Canada. She has more than 25 years of strategic, legal and regulatory experience at Bell related companies. Prior to becoming Vice Chair, Ms. Turcotte was Executive VicePresident and Chief Legal & Regulatory Officer of BCE and Bell Canada. She first joined BCE in August 1988 as legal counsel. She serves as a director of CIBC. Ms. Turcotte is a member of the Board of Governors of McGill University, the Chair of the Board of Théâtre Espace Go Inc. and the Chair of the Board of the Chamber of Commerce of Metropolitan Montréal. Ms. Turcotte previously was a director of Bell Aliant Inc. Ms. Turcotte holds a Masters of Business Administration degree from the London Business School and Bachelor of Civil Law and Common Law degree from McGill University.

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