New c.f.o.s to George Weston units
February 08, 2007
by Eric Schroeder
TORONTO — Loblaw Cos. and parent company George Weston Ltd. on Thursday each appointed new chief financial officers. Loblaw announced the appointment of William Wells as c.f.o. effective April 2. Mr. Wells, who succeeds Steve Smith, previously was c.f.o. of Bunge Ltd. Earlier, he held senior financial roles at McDonald’s Corp. in North and South America rising to chief executive officer of McDonald’s finance company, System Capital Corp. At the same time, George Weston Ltd. said veteran employee Richard Mavrinac will step down as c.f.o. of the parent firm by the annual meeting on May 16, to be replaced by Robert Vaux. Most recently, Mr. Vaux was senior vice-president for corporate development at George Weston for eight years and, before that, c.f.o. at John Labatt Ltd.