Michael Medline

Last updated
Michael Medline
Michael Medline 2016.jpg
Born (1963-07-04) July 4, 1963 (age 60)
Toronto, Ontario, Canada
Education
Occupationbusinessman

Michael Bennett Medline (born July 4, 1963) is a Canadian businessman. In January 2017, Medline was named president and CEO of Empire Company Limited, a Canadian company whose core businesses includes food retailing, conducted through wholly owned Sobeys Inc., and related real estate.

Contents

Medline is also known as the former president and chief executive officer of Canadian Tire Corporation. Medline was named president of Canadian Tire in November 2013, and succeeded [1] Stephen Wetmore as CEO of Canadian Tire Corp. in December 2014. Previously, Medline was responsible for many of the company’s biggest acquisitions, including Mark's in February 2002, [2] the Forzani Group in August 2011, [3] and the acquisition of Pro Hockey Life [4] in August 2013. On July 13, 2016, it was announced the board of directors voted to remove Medline, bringing back former CEO Stephen Wetmore.

Background

Medline was born in Toronto, and attended Huron University College at the University of Western Ontario in London, Ontario. Medline received an MBA from the College of William and Mary in Virginia and an LL.B. from the University of Toronto.

Medline began his career in Sobeys Inc. with a string of massive layoffs, the first in the company's history. This along with other decisions were marketed to investors as “Project Sunrise” where they claimed to have saved money through streamlining efficiencies. The realization of these efficiencies was reflected in their Financial Statements, although many question the true effect on the company's Cash Flow.

Other positions

Medline currently serves on the board of governors for Huron University, The BlackNorth Initiative and the SickKids Foundation. Medline is also the chairman of The Grocery Foundation and a member of the board of The Sobey Foundation.

Related Research Articles

<span class="mw-page-title-main">Canadian Tire</span> Canadian retail company

Canadian Tire Corporation, Limited is a Canadian retail company which operates in the automotive, hardware, sports, leisure and housewares sectors. Its Canadian operations include: Canadian Tire, Mark's, FGL Sports, PartSource, and the Canadian operations of Party City. Canadian Tire acquired the Norwegian clothing and textile company Helly Hansen from the Ontario Teachers' Pension Plan in 2018.

<span class="mw-page-title-main">Orillia</span> City in Ontario, Canada

Orillia is a city in Ontario, Canada, about 30 km north-east of Barrie in Simcoe County. It is located at the confluence of Lake Couchiching and Lake Simcoe. Although it is geographically located within Simcoe County, the city is a single-tier municipality. It is part of the Huronia region of Central Ontario. The population in 2021 was 33,411.

<span class="mw-page-title-main">Metro Inc.</span> Canadian supermarket company

Metro Inc. is a Canadian food retailer operating in the provinces of Quebec and Ontario. The company is based in Montreal, Quebec, with head office at 11011 Boulevard Maurice-Duplessis. Metro is the third largest grocer in Canada, after Loblaw Companies Limited and Sobeys.

Sobeys Inc. is a national supermarket chain in Canada with over 1,500 stores operating under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billion in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate.

<span class="mw-page-title-main">Lakehead University</span> University in Thunder Bay, and Orillia, Ontario, Canada

Lakehead University is a public research university with campuses in Thunder Bay and Orillia, Ontario, Canada. Lakehead University, shortened to 'Lakehead U', is non-denominational and provincially supported. It has undergraduate programs, graduate programs, the Bora Laskin Faculty of Law, the only internationally accredited (AACSB) business school in northern Ontario, and is home to the western campus of the Northern Ontario School of Medicine.

<span class="mw-page-title-main">Rogers Communications</span> Canadian telecommunications company

Rogers Communications Inc. is a Canadian communications and media company operating primarily in the fields of wireless communications, cable television, telephony and Internet, with significant additional telecommunications and mass media assets. Rogers has its headquarters in Toronto, Ontario.

<span class="mw-page-title-main">BCE Inc.</span> Canadian telecommunications and media company

BCE Inc., an abbreviation of its full name Bell Canada Enterprises Inc., is a publicly traded Canadian holding company for Bell Canada, which includes telecommunications providers and various mass media assets under its subsidiary Bell Media Inc. Founded through a corporate reorganization in 1983, when Bell Canada, Northern Telecom, and other related companies all became subsidiaries of Bell Canada Enterprises Inc., it is one of Canada's largest corporations. The company is headquartered at 1 Carrefour Alexander-Graham-Bell in the Verdun borough of Montreal, Quebec, Canada.

<span class="mw-page-title-main">Clinton, Ontario</span> Unincorporated community in Ontario, Canada

Clinton is a community in the Canadian province of Ontario, located in the municipality of Central Huron. Clinton was established in 1831, when Jonas Gibbings and brothers Peter and Stephen Vanderburg cleared out a small area to start. Clinton started to grow in 1844 when William Rattenbury laid out the plans to begin making a village. In 1954, Clinton's population was 2,625 people. Today, it has an estimated population of 3,203.

Leonard Asper is a Canadian businessperson, entrepreneur and lawyer. He is a graduate of Brandeis University and the University of Toronto Law School, and is a member of the Ontario Bar Association and The Law Society of Upper Canada.

Paul McGill Beeston, is a Canadian former professional baseball executive. He was the president and chief operating officer of Major League Baseball (MLB) from 1997 to 2002, and the president of the Toronto Blue Jays from 1989 to 1997, and again from 2008 to 2015. He also worked as the president of the Toronto Argonauts of the Canadian Football League (CFL) in 1994.

Direct Energy LP is a North American retailer of energy and energy services. The company was founded in Toronto in 1986 and now has more than four million customers in Canada and the United States. Direct Energy is a subsidiary of NRG Energy.

<span class="mw-page-title-main">Huron University College</span> College in London, Ontario, Canada

Huron University College is a university college affiliated with the University of Western Ontario in London, Ontario, Canada. It was Incorporated on the 5 May 1863. Huron is the founding institution of the University of Western Ontario.

<span class="mw-page-title-main">Farm Boy</span> Canadian specialty grocery store chain owned by Empire Company Limited

Farm Boy Inc. is a Canadian specialty food retailer operating in the province of Ontario. The company is based in Ottawa, Ontario. Since 2018, the company is majority owned by the Sobeys grocery chain's parent company, Empire Company Ltd.

<span class="mw-page-title-main">Exeter, Ontario</span> Town in Ontario, Canada

Exeter is a community in the municipality of South Huron, in the southern portion of Huron County, Ontario, Canada, located approximately 40 kilometres north of London. The community proclaims itself the "Home of the White Squirrel", owing to the presence of the unusually-coloured mammals. Exeter's mascot, "Willis The White Wonder", can be seen at many community events throughout the year, including Canada Day celebrations, the Exeter Rodeo, and the Santa Claus Parade.

Walmart Canada is a Canadian retail corporation and the Canadian branch of the U.S.-based multinational retail conglomerate Walmart. Headquartered in Mississauga, Ontario, it was founded on March 17, 1994, with the purchase of the Woolco Canada chain from the F. W. Woolworth Company.

<span class="mw-page-title-main">Longo's</span> Canadian supermarket chain

Longo Brothers Fruit Markets Inc., commonly known as Longo's, is a Canadian chain of retail supermarkets and grocery delivery service that serves the Southern Ontario area. It is controlled by Sobeys parent Empire Company in partnership with the founding Longo family. Its corporate office is located in Vaughan, Ontario, and it operates locations mainly in the Greater Toronto and Hamilton Area.

William Alfred Apps is a Canadian lawyer, businessman and prominent activist in both the Liberal Party of Canada and the Ontario Liberal Party. Apps is associated with a number of philanthropic and charitable causes and is currently based in Toronto.

<span class="mw-page-title-main">Target Canada</span> Defunct Canadian discount department store chain

Target Canada Co. was the Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary was formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. Target Canada opened its first store in March 2013, and was operating 133 locations by January 2015. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire.

Brenda Draney is a contemporary Cree artist based in Edmonton, Alberta.

Kathleen "Katie" Patricia Taylor is a Canadian business executive who is the chancellor of York University. She was the chair of the board of the Royal Bank of Canada (RBC) from 2014 to 2023, and is the first woman to chair the board of a major Canadian bank. Taylor became chair of the board in January 2014, having served on the board since 2001; she previously chaired the human resources and corporate governance committees, and served on the audit and risk committees.

References

  1. "Michael Medline Appointed as President and Chief Executive Officer of Canadian Tire Corporation; Stephen Wetmore... -- TORONTO, Aug. 7, 2014". prnewswire.com. Retrieved 2016-01-27.
  2. "Canadian Tire buys Mark's Work Wearhouse for $116 million - Business - CBC News". cbc.ca. Retrieved 2016-01-27.
  3. "Canadian Tire buys Sport Chek, Athletes World owner - Business - The Guardian". theguardian.pe.ca. Archived from the original on 2016-02-01. Retrieved 2016-01-27.
  4. "FGL Sports Completes Acquisition of Pro Hockey Life -- TORONTO and MONTREAL, Aug. 12, 2013". newswire.ca. Retrieved 2016-01-27.