W., head of the Western Empire, who controls lobes and other retail. Galen Weston has died at the age of 80.
Called Gallen Weston Sr., who died Monday, his family said in a statement that he was “quiet after a long illness and suffering from gout.”
“My father’s greatest gift was to inspire those around him to achieve more than they thought possible,” said his son, Galen G. Weston Jr., also known as Galen Weston Jr., who is the CEO of both the Loblaws and George Weston Company Limited. Weston said.
“He created a legacy of extraordinary achievement and happiness in our business and in his life.”
Born in England in 1940, he graduated from the University of Western Ontario in the 1960s. After a job in Ireland, he met his wife and had two children, making Canada his main operating base in the 1970s.
In addition to Lobla, Weston also ran George Weston Co., a holding company for various food and bakery brands, from 1960 to 2016, handing over power to his son when he retired at the age of 75.
In doing so, he followed the example set by his own father, Garfield Weston, when he stepped out of control of the family business in 1974 at the age of 75, accommodating Gallon Sr.
The retail empire worth billions
Weston retained the title of Emeritus, chairman of both George Weston Ltd. and Loplas, but most of the day-to-day operations of the two companies have been retired with the younger Galen Weston.
In addition to her son, he also has a daughter, Alana Weston, who is 55-year-old Hillary Weston. The family report states that Galen Sr. was “particularly proud” of his wife’s position as the 26th lieutenant-governor of Ontario from 1997 to 2002.
Although he had already been born into a significant retail empire, Weston led it through further expansions and acquisitions once he took control in 1974. In the process, Weston made the family the second richest man in Canada, with a net worth of more than $ 10 billion, according to Bloomberg.
The Weston Empire was founded by his grandfather, George Weston, who laid the foundation for a retail empire in 1882, owned or controlled by the grocery chain Loplas & Foods Weston, but the fast fashion chain Primark and the department Save Holt Renfrove in Canada