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Company type | Private |
---|---|
Founder | Roy Thomson |
Headquarters |
Toronto, Ontario , Canada |
Key people | David W. Binet (President and CEO) |
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. [1] David W. Binet has been the president and chief executive officer of the company since 2012. [2]
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]
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]