The Woodbridge Company
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| Company type | Private |
|---|---|
| Industry | Holding company |
| Founder | Roy Thomson |
| Headquarters | Toronto, Ontario , Canada |
Key people | David Thomson (Chairman) Jay Forbes (President and CEO)[1] |
| Owner | Thomson family |
| Subsidiaries | Thomson 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.[2] David W. Binet was the president and chief executive officer of the company from 2012 to 2024.[3] Jay Forbes became the president and CEO in September 2024.[1]
Main holdings
[edit]Woodbridge is the principal and controlling shareholder (67.8%) of Thomson Reuters, a multinational media conglomerate.[4] Thomson Reuters was formed in 2008, when the Thomson Corporation acquired Reuters.[5]
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.[6]
Ownership
[edit]Woodbridge is the primary investment vehicle for members of the Thomson family of Canada.[2] 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.[7] It is estimated that she holds 23.47% of the company's shares.[7][8]
See also
[edit]- Markham Airport – owned by the Thomson family via Wings of Flight
- Postmedia Network – the successor to Canwest and Southam Newspapers
- Quebecor Media
- Torstar
References
[edit]- ^ a b "JAY FORBES NAMED PRESIDENT AND CEO OF THE WOODBRIDGE COMPANY". newswire.ca. Retrieved 1 March 2025.
- ^ a b "The Woodbridge Company Limited". Bloomberg. Retrieved 8 March 2018.
- ^ "Woodbridge selects long-time executive David Binet as president". The Globe and Mail. 29 November 2012. Retrieved 3 June 2020.
- ^ 2015 Annual Report Regulatory Filing [dead link] 156p
- ^ Haycock, Gavin; MacMillan, Robert (17 April 2008). "Thomson Reuters debuts amid global market jitters". Reuters. Retrieved 3 June 2020.
- ^ Canada (10 September 2010). "Woodbridge Acquires Direct Ownership of The Globe and Mail". CNW. Retrieved 5 January 2011.
- ^ a b "Canada's Richest People 2015: Meet Sherry Brydson, Canada's Richest Woman". Archived from the original on 28 July 2021. Retrieved 11 March 2015.
{{cite web}}: CS1 maint: bot: original URL status unknown (link) - ^ "James Pattison takes crown as Canada's richest as new information reveals David Thomson's fortune smaller than thought". Financial Post. Retrieved 31 March 2018.
External links
[edit]- Profile of The Woodbridge Company (archived 12 June 2008)
- Woodbridge buys BCE's 15% stake in The Globe and Mail
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