The Woodbridge Company

Last updated

The Woodbridge Company Limited
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. [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]

Contents

Main holdings

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

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

References

  1. 1 2 "JAY FORBES NAMED PRESIDENT AND CEO OF THE WOODBRIDGE COMPANY". newswire.ca. Retrieved 1 March 2025.
  2. 1 2 "The Woodbridge Company Limited". Bloomberg. Retrieved 8 March 2018.
  3. ↑ "Woodbridge selects long-time executive David Binet as president". The Globe and Mail. 29 November 2012. Retrieved 3 June 2020.
  4. ↑ 2015 Annual Report Regulatory Filing [ dead link ] 156p
  5. ↑ Haycock, Gavin; MacMillan, Robert (17 April 2008). "Thomson Reuters debuts amid global market jitters". Reuters. Retrieved 3 June 2020.
  6. ↑ Canada (10 September 2010). "Woodbridge Acquires Direct Ownership of The Globe and Mail". CNW. Retrieved 5 January 2011.
  7. 1 2 "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)
  8. ↑ "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.


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