Canadian Tire's Sudden Shakeup Sees CEO Replaced

TORONTO — Canadian Tire Corp.  is making a sudden change at the top, with the immediate return of Stephen Wetmore as president and chief executive officer — roles that have been held by Michael Medline.

The chair of Canadian Tire's board of directors said the decision was due to unprecedented change in the retail industry.

Canadian Tire chairwoman Maureen Sabia said the company  has been delivering on its short-term priorities but the board is focusing on the long-term success...

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