Canadian Tire Corporation Essay Example | Topics and Well Written Essays - 750 words

Canadian Tire Corporation - Essay Example epartments include Canadian Tire Retail, PartSource Automotive Stores, Online Store, Financial Services, Mark’s Work Wearhouse, Canadian Tire Petroleum and Forzani Group Ltd. These divisions form the entire Canadian Tire Corporation. Each of these divisions performs specific and designated functions. The company’s management structure is held by CEO as the highest management authority. The CEO is the overall authority in the organization. This corporation has six directors amongst which two are independent. Under the CEO are several executive officers which includes Chief Financial Officer and Executive Vice President for Finance, Chief Operating Officer, Financial Services President for Canadian Tire Bank, Executive Vice President, Customer Experience and Automotive, Executive Vice President for Supply Chain and Technology, President of Forzani Group Ltd Sports, President of Mark’s and Executive Vice President for the Canadian Tire Corporation, President of Canadian Tire Retail, Senior Vice President for Communications and Corporate Affairs, Senior Vice President for Information Technology and Chief Information Officer. There is a Treasure who operates under Chief Financial Officer. FGL Sports have its own Chief Financial Officer, Senior Vice President and Chief Operating Officer. These are groups behind the successful existence of this Corporation. Canadian Tire Corporation is a parent company that incorporates several children companies under its custodianship. The company deals in retail services in Canada with its head office in Toronto, Ontario (http://www.theofficialboard.com, n.p). The company had revenue of $12.9 billion in 2013. Currently it is the leading retail company in the entire Canada with over fifty eight thousand. Canadian Tire Corporation has a rich history behind it since its conception. The company has been in existence for over 90-years. Canadian Tire Corporation Started back in 1923 after the sale of Hamilton Tire and Garage Ltd by