Builders

2009
Wayne Sales

Canadian Tire Corporation, Limited

Wayne Sales was appointed Vice Chairman of Canadian Tire on April 27th, 2006, following his tenure as President and Chief Executive Officer of the organization from 2000 to 2006. Mr. Sales joined Canadian Tire in 1991 and was a key architect behind Canadian Tire’s strategic transformation, becoming a top-quartile performer among North American retailers in total returns to shareholders. Under Mr. Sales’ leadership, Canadian Tire reshaped its strategic agenda, repositioned its businesses and driven consistent, superior earnings growth over the long-term, while creating a unique culture. Retail sales increased nearly $2 billion in the time Mr. Sales was CEO and today surpass $9 billion.

Canadian Tire has been recognized formally as one of the Best Companies to Work for in Canada. Mr. Sales was named Distinguished Retailer of the Year in 2004 by the Retail Council of Canada, received the CEO Award of Excellence in Communication by the Canadian Public Relations Society, was named Top CEO by Canadian Business Magazine in its 2005 All-Star Executives issue and is being inducted into the Canadian Market Hall of Fame in January 2009.

Previously, Executive Vice President, Canadian Tire Retail, he was responsible for Canadian Tire’s supply chain functions of distribution, logistics and transportation, along with its retail functions of buying, merchandising, Far East Buying Offices, petroleum, market research and advertising. In addition, Mr. Sales held accountability for PartSource, a specialty automotive retail chain that is a strategic business unit of Canadian Tire. Prior to his appointment as president of Canadian Tire, he was Senior Vice President, Marketing at Canadian Tire Retail.

A graduate of Harvard Business School’s Advanced Management Program, Mr. Sales is a member of the Board of Directors for Georgia Gulf Corporation, SuperValu Inc. and Tim Hortons. He is married, has three grown children and seven energetic grandchildren.

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