The Woodbridge Company Limited
TypePrivate
FounderRoy Thomson
Headquarters
Toronto, Ontario
,
Canada
Key people
David W. Binet
(President and CEO)
OwnerThomson family
SubsidiariesThomson 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

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

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

References

  1. 1 2 "The Woodbridge Company Limited". Bloomberg. Retrieved 2018-03-08.
  2. ↑ "Woodbridge selects long-time executive David Binet as president". The Globe and Mail. 29 November 2012. Retrieved 2020-06-03.
  3. ↑ 2015 Annual Report Regulatory Filing 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. 1 2 "Canada's Richest People 2015: Meet Sherry Brydson, Canada's Richest Woman". 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.


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