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Canadian Tire Corporation announces CFO transition
Canadian Tire Corporation announces CFO transition Canada NewsWire Gregory ...
About this update from Canadian Tire Corporation, Limited
[{"type":"text","content":"\n\n\n\n Canadian Tire Corporation announces CFO transition\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Gregory Craig\n \n to retire after a 31-year career at CTC\n \n\n\n\n\n Darren Myers\n \n to join effective\n \n April 1st\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Jan. 20, 2025\n \n\n /CNW/ - Canadian Tire Corporation (\"the Company\"; \"CTC\") (TSX: CTC) (TSX: CTC.A) today announced that\n \n Darren Myers\n \n will join the Company as Executive Vice President and Chief Financial Officer (EVP and CFO), effective\n \n April 1st\n \n , on the retirement of\n \n Gregory Craig\n \n .\n \n\n\n\n\n\n\n\n\n The Company's CFO search followed Mr. Craig's decision to retire after a 31-year career at CTC in which he made notable contributions, both through his career at Canadian Tire Financial Services and in his five years as EVP and CFO of Canadian Tire Corporation.\n \n\n\n Darren Myers\n \n comes to the role with over a decade of experience leading operational finance functions and capital markets interactions. He served as CFO of Celestica (TSX/NYSE:CLS) and subsequently took on the CFO roles at retailer Loblaw Companies Limited (TSX: L) and Algonquin Power & Utilities Corporation (TSX/ NYSE:AQN), both members of the S&P/TSX-60 Composite Index.\n \n\n \"As we look beyond our Better Connected strategy at our next horizon, Darren will bring a combination of operational, transformational, and sector expertise to complement our strong leadership team,\" said\n \n Greg Hicks\n \n , President and CEO, Canadian Tire Corporation. \"He has a track record of managing near-term performance and long-term planning, and he understands the complexities of retail.\"\n \n\n \"Canadian Tire is an iconic Canadian company, which has been a leader in a dynamic retail sector for more than 100 years,\" said Myers. \"I'm excited to bring my enthusiasm and experience to the strategic challenge of extending that track record, and to join a team that has made values and trust a strength.\"\n \n\n To provide a seamless tra...