Dollaromney?
Interesting tidbit in this month's Financial Post Magazine. The business
publication features the top CEOs in Canada. #1 is the founder and CEO
of Dollarama, Montreal's Larry Rossy. Buried in the feature story about
Rossy is a single paragraph that says that Rossy now holds only 10% of
the company
stock. Why such a small percentage for a company he founded? Look south
of the border to the holdings of the Romney family. To quote FPM " He
(Rossy) and his
partners sold the bulk of it to (Mitt Romney's) Bain Capital in 2004".
Information Source: Larry Rossy - Dollarama's CEO May Sell Small Bargain Items But He's
Also Paying Attention To the Big Picture by Hollie Shaw. November 2012.
Financial Post Magazine. http://www.nationalpost.com/Larry+Rossy/7502629/story.html
Facebook posting by Stephen Weir November 6 2012
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Thursday, 8 November 2012
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