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The Woodbridge Company

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Canadian holding company
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The Woodbridge Company Limited
Company typePrivate
IndustryHolding company
FounderRoy Thomson
Headquarters
Toronto, Ontario
,
Canada
Key people
David Thomson (chairman)
Jay Forbes (president and CEO)[1]
OwnerThomson family
SubsidiariesThomson Reuters
The Globe and Mail

The Woodbridge Company Limited is a Canadian privateholding company based inToronto, Ontario. It is the primary investment vehicle for members of the family of the lateRoy 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]

Main holdings

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Woodbridge is the principal and controlling shareholder (67.8%) ofThomson Reuters, a multinationalmedia conglomerate.[4] Thomson Reuters was formed in 2008, when theThomson Corporation acquiredReuters.[5]

In late 2010, Woodbridge sold its 40% interest inCTVglobemedia (a Canadian media company with ownership of theCTV Television Network) toBCE Inc. Woodbridge held an 85% interest inThe Globe and Mail newspaper before acquiring the remaining 15% owned by BCE in August 2015.[6]

Ownership

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Woodbridge is the primary investment vehicle for members of theThomson 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

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References

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  1. ^ab"JAY FORBES NAMED PRESIDENT AND CEO OF THE WOODBRIDGE COMPANY".newswire.ca. Retrieved1 March 2025.
  2. ^ab"The Woodbridge Company Limited".Bloomberg. Retrieved8 March 2018.
  3. ^"Woodbridge selects long-time executive David Binet as president".The Globe and Mail. 29 November 2012. Retrieved3 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. Retrieved3 June 2020.
  6. ^Canada (10 September 2010)."Woodbridge Acquires Direct Ownership of The Globe and Mail". CNW. Retrieved5 January 2011.
  7. ^ab"Canada's Richest People 2015: Meet Sherry Brydson, Canada's Richest Woman". Archived from the original on 28 July 2021. Retrieved11 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. Retrieved31 March 2018.

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