The Woodbridge Company
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| Company type | Private |
|---|---|
| Founder | Roy Thomson |
| Headquarters | Toronto, Ontario , Canada |
Key people | David Thomson (Co-Chairman) Peter Thomson (Co-Chairman) 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]- Markham Airport – owned by the Thomson family via Wings of Flight
- Postmedia Network – the successor to Canwest and Southam Newspapers
- Quebecor Media
- Torstar
References
[edit]- ^ a b "The Woodbridge Company Limited". Bloomberg. Retrieved 2018-03-08.
- ^ "Woodbridge selects long-time executive David Binet as president". The Globe and Mail. 29 November 2012. Retrieved 2020-06-03.
- ^ 2015 Annual Report Regulatory Filing [dead link] 156p
- ^ Haycock, Gavin; MacMillan, Robert (2008-04-17). "Thomson Reuters debuts amid global market jitters". Reuters. Retrieved 2020-06-03.
- ^ Canada (2010-09-10). "Woodbridge Acquires Direct Ownership of The Globe and Mail". CNW. Retrieved 2011-01-05.
- ^ 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) - ^ "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]- Profile of The Woodbridge Company (archived 12 June 2008)
- Woodbridge buys BCE's 15% stake in The Globe and Mail
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