Canadian Tire Corporation, Limited announced the appointment of Greg Hicks as President and Chief Executive Officer of Canadian Tire Corporation, and to the Board of Directors of the Company, effective immediately. Mr. Hicks most recently served as President, Canadian Tire Retail (CTR). Greg Hicks brings over 20 years of retail experience in senior leadership positions, including seven years at CTC.

As President of CTR, Greg oversaw all aspects of the business, including building a multi-billion-dollar Owned Brands portfolio. Stephen Wetmore is also stepping down as a member of the Board, having first been elected in 2003. Mr. Wetmore will act as an advisor to the Company as Honourary Director until the end of 2020 supporting Mr. Hicks to help ensure a smooth transition.