Rashid Wasti - George Weston Executive Vice President and Chief Talent Officer

WN Stock  CAD 223.64  1.44  0.65%   

President

Mr. Rashid Wasti serves as Executive Vice President, Chief Talent Officer of George Weston Limited. Prior to this he held the position of senior partner with Egon Zehnder International until November 2013 since 2014.
Age 56
Tenure 10 years
Address 22 St. Clair Avenue East, Toronto, ON, Canada, M4T 2S5
Phone416 922 2500
Webhttps://www.weston.ca

George Weston Management Efficiency

The company has return on total asset (ROA) of 0.0575 % which means that it generated a profit of $0.0575 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1752 %, meaning that it generated $0.1752 on every $100 dollars invested by stockholders. George Weston's management efficiency ratios could be used to measure how well George Weston manages its routine affairs as well as how well it operates its assets and liabilities. At this time, George Weston's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.11. At this time, George Weston's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Fixed Asset Turnover is likely to grow to 4.25, while Total Assets are likely to drop about 27.9 B.
George Weston Limited has accumulated 21.3 B in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. George Weston Limited has a current ratio of 1.3, suggesting that it may not have the ability to pay its financial obligations in time and when they become due. Debt can assist George Weston until it has trouble settling it off, either with new capital or with free cash flow. So, George Weston's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like George Weston Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for George to invest in growth at high rates of return. When we think about George Weston's use of debt, we should always consider it together with cash and equity.

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George Weston Limited engages in the food processing and distribution business in Canada and Internationally. George Weston Limited is a subsidiary of Wittington Investments, Limited. WESTON GEORGE operates under Grocery Stores classification in Canada and is traded on Toronto Stock Exchange. It employs 200267 people. George Weston Limited (WN) is traded on Toronto Exchange in Canada and employs 220,000 people. George Weston is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification.

Management Performance

George Weston Limited Leadership Team

Elected by the shareholders, the George Weston's board of directors comprises two types of representatives: George Weston inside directors who are chosen from within the company, and outside directors, selected externally and held independent of George. The board's role is to monitor George Weston's management team and ensure that shareholders' interests are well served. George Weston's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, George Weston's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gordon Currie, Executive Vice President Chief Legal Officer
J Prichard, Lead Independent Director
Khush Dadyburjor, Senior Vice President - Strategy
Per Bank, President Loblaw
Barbara Stymiest, Independent Director
Robert Sawyer, Independent Director
Andrew Bunston, Vice President, General Counsel, Secretary
Paviter Binning, President Non - Independent Director
John Williams, Group Treasurer
Rael CA, Pres Properties
Gordon Nixon, Independent Director
Andrew Ferrier, Independent Director
Darren Myers, Chief Financial Officer of Loblaw
Jennifer Maccarone, Vice President - Human Resources
Richard Dufresne, Executive Vice President, Chief Financial Officer
Nancy Lockhart, Independent Director
Christianne Strauss, Independent Director
Anemona Turcu, Senior Officer
BA MBA, Chairman CEO
Rashid Wasti, Executive Vice President and Chief Talent Officer
Barry Columb, Executive Financial
Sarabjit Marwah, Independent Director
Roy MacDonald, Group Relations
Galen Weston, Chairman of the Board, Chief Executive Officer
Sarah Davis, President of Loblaw
Lina Taglieri, Group Controller

George Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is George Weston a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with George Weston

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if George Weston position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in George Weston will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to George Weston could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Weston when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back George Weston - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling George Weston Limited to buy it.
The correlation of George Weston is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as George Weston moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Weston Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for George Weston can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in George Stock

George Weston financial ratios help investors to determine whether George Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in George with respect to the benefits of owning George Weston security.