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OUSTED LOBLAW PRESIDENT RECEIVING $19 MILLION TORONTO John Lederer, ousted as president of Loblaw Cos. here in September, walked away with more than $19 million (U.S.), a proxy statement filed by the retailer showed. The compensation included around $10.4 million in severance payments and stock options worth around $8.6 million, the filing said. Lederer served Loblaw for more than 30 years but resigned

OUSTED LOBLAW PRESIDENT RECEIVING $19 MILLION

TORONTO — John Lederer, ousted as president of Loblaw Cos. here in September, walked away with more than $19 million (U.S.), a proxy statement filed by the retailer showed. The compensation included around $10.4 million in severance payments and stock options worth around $8.6 million, the filing said. Lederer served Loblaw for more than 30 years but resigned “by mutual consent” in September after a pattern of missteps surrounding a s

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