The Woodbridge Company

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The Woodbridge Company
Headquarters,
Canada
Key people
David Binet (president and CEO)

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, the first Baron Thomson of Fleet.[1] David 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 (62.35%) 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 the 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 family of the late Roy Thomson, the first Baron Thomson of Fleet.[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 – of Victoria, BC, 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. 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". 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]