The Woodbridge Company

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The Woodbridge Company Limited is a Canadian private holding company based in Toronto, Ontario. David Binet has been the president and chief executive officer of the company since 2012.[1]

Main holdings[edit]

Woodbridge is the principal and controlling shareholder (62.35%) of Thomson Reuters, a multinational media conglomerate.[2] Thomson Reuters was formed in 2008, when the Thomson Corporation acquired Reuters.[3]

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 the largest (85%) interest in The Globe and Mail newspaper until August 2015, when it obtained 100% of The Globe and Mail Inc. by acquiring the remaining 15% owned by BCE.[4]

Ownership[edit]

Woodbridge is the primary investment vehicle for members of the family of the late Roy Thomson, the first Baron Thomson of Fleet.[5] David Thomson and his brother, Peter Thomson, became chairmen of Woodbridge in 2006 upon the death of their father, Kenneth Thomson.

According to Canadian Business magazine, 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. ^ "Woodbridge selects long-time executive David Binet as president". The Globe and Mail. Retrieved 2020-06-03.
  2. ^ 2015 Annual Report Regulatory Filing 156p
  3. ^ Haycock, Gavin; MacMillan, Robert (2008-04-17). "Thomson Reuters debuts amid global market jitters". Reuters. Retrieved 2020-06-03.
  4. ^ Canada (2010-09-10). "Woodbridge Acquires Direct Ownership of The Globe and Mail". CNW. Retrieved 2011-01-05.
  5. ^ "The Woodbridge Company Limited". Bloomberg. Retrieved 2018-03-08.
  6. ^ a b "Canada's Richest People 2015: Meet Sherry Brydson, Canada's Richest Woman". Canadian Business. Retrieved 11 March 2015.
  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]