CBC News – Galen Weston and the Loblaw Brand

Loblaw has named Danish retail executive Per Bank to be its president and CEO starting next year, replacing Galen Weston in the top job at the company.

The company announced the news in a media release on Tuesday morning.

Bank is currently CEO of Danish retail chain Salling Group A/S, which runs more than 1,700 supermarkets across three countries in Europe.