TORONTO, Feb. 21, 2012 /CNW/ - George Weston Limited today announced the appointment of Richard Dufresne as Chief Financial Officer of George Weston Limited. He will begin his duties on March 26, 2012.
In making the announcement, Pavi Binning, President, noted that "Richard is a hands-on and an extremely qualified finance executive. With his extensive experience and proven track record of success as a CFO, we believe he will make a substantial contribution to the Company and will be a welcome addition to our Executive team".
Executive Chairman W. Galen Weston commented "We have asked Richard to join us at a pivotal and exciting time. The Board and I are looking forward to working with Richard. We are confident that his strategic focus and transactional skills will be a valuable addition to the Weston team in achieving the strategic vision for our businesses".
Mr. Dufresne is joining Weston from a major Canadian food distributor where for the past number of years he has held the position of Chief Financial Officer. Prior to that, he held senior positions within the investment banking sector.
About George Weston Limited
George Weston Limited is one of North America's largest food processing and distribution groups operating in two segments: baking, through Weston Foods, and food and general merchandise distribution, through Loblaw Companies Limited.
For further information:
Geoffrey H. Wilson, Senior Vice President, Financial Control and Investor Relations (416-922-2500)