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Loblaw COO Michael Motz resigns

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Michael Motz, chief operating officer (COO) at Loblaw Companies Ltd., has resigned from the company to assume a role with U.S.-based private equity firm Sycamore Partners.

Motz assumed the role of COO for the retail divisions of Loblaw in January 2018. Prior to that, he was president of Shoppers Drug Mart.

Sycamore Partners is a  ‎private equity firm with holdings in retailers such as Staples and Talbots women’s wear.

 

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