David Sobey, the former CEO and chair of Sobeys Inc., has passed away at the age of 92. Sobey played a pivotal role in the growth of Sobeys from a regional player to a national food retailing and distribution business.
Under Sobey’s leadership, Sobeys expanded its presence and became a major player in the Canadian grocery store industry. His commitment and vision helped shape Sobeys into the successful company it is today.
Michael Medline, CEO of Empire Co. Ltd., the parent company of Sobeys, paid tribute to Sobey, describing him as an incredible retailer, business leader, and mentor. Sobey’s contributions to the company and his guidance will be greatly missed.
Sobey joined Sobeys in 1982 as vice-chair and CEO, and later became chair and CEO in 1986. He held these positions until his retirement in 1995 when he was appointed chair emeritus of Sobeys. Sobey continued to serve as chair until 2001.
After retiring from the Empire board of directors in 2015, Sobey enjoyed his well-deserved retirement, leaving behind a legacy of success and innovation within the grocery retail industry.
The passing of David Sobey is a loss for both the Sobeys family and the Canadian business community. His dedication and leadership have left a lasting impact on the industry, and his legacy will be remembered for years to come.
Definitions:
– CEO: Chief Executive Officer, the highest-ranking individual in a company responsible for making important corporate decisions.
– Chair: The individual who presides over the board of directors and is responsible for ensuring it operates effectively.
Sources:
– The Canadian Press