Michael Medline
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Michael Bennett Medline (born July 4, 1963) is a Canadian businessman. In January 2017, Medline was named president and CEO of Empire Company Limited, a Canadian company whose core businesses includes food retailing, conducted through wholly owned Sobeys Inc., and related real estate. Medline is also known as the former president and chief executive officer of
Canadian Tire Canadian Tire Corporation, Limited is a Canadian retail company which operates in the automotive, hardware, sports, leisure and housewares sectors. Its Canadian operations include: Canadian Tire (including Canadian Tire Petroleum gas stations a ...
Corporation. Medline was named president of Canadian Tire in November 2013, and succeeded Stephen Wetmore as CEO of Canadian Tire Corp. in December 2014. Previously, Medline was responsible for many of the company’s biggest acquisitions, including
Mark's Mark's (known as L'Équipeur in Quebec) is a Canadian clothing and footwear retailer specializing in casual and industrial wear. Beginning in 1977 as Mark's Work Wearhouse in Calgary, Alberta, it evolved from an industrial accessories dealer ...
in February 2002, the Forzani Group in August 2011, and the acquisition of Pro Hockey Life in August 2013. On July 13, 2016, it was announced the board of directors voted to remove Medline, bringing back former CEO Stephen Wetmore.


Background

Medline was born in
Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
, and attended
Huron University College Huron University College is a university college affiliated with the University of Western Ontario in London, Ontario, Canada. Huron was incorporated on 5 May 1863 and the founding institution of the University of Western Ontario. It was est ...
at the
University of Western Ontario The University of Western Ontario (UWO), also known as Western University or Western, is a Public university, public research university in London, Ontario, London, Ontario, Canada. The main campus is located on of land, surrounded by resident ...
in London, Ontario. Medline received an MBA from the
College of William and Mary The College of William & Mary (officially The College of William and Mary in Virginia, abbreviated as William & Mary, W&M) is a public research university in Williamsburg, Virginia. Founded in 1693 by letters patent issued by King William III a ...
in Virginia and an LL.B. from the
University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
. Medline began his career in Sobey Inc. with a string of massive layoffs, the first in the companies history. This along with other decisions were marketed to investors as “Project Sunrise” where they claimed to have saved money through streamlining efficiencies. The realization of these efficiencies were reflected in their Financial Statements although many question the true affect to the companies Cash Flow.


Other positions

Medline currently serves on the board of governors for Huron University, The BlackNorth Initiative and the SickKids Foundation. Medline is also the chairman of The Grocery Foundation and a member of the board of The Sobey Foundation.


References

{{DEFAULTSORT:Medline, Michael 1963 births Living people Businesspeople from Toronto Canadian chief executives College of William & Mary alumni University of Toronto alumni University of Western Ontario alumni