PROFIT/Chatelaine W100

#16

Lois Cormack

President & CEO

Company Profile

Company: Leisureworld Senior Care Corp. Head Office: Markham, Ont. Website: www.leisureworld.ca

Company Financials

3-year revenue growth (%): 30 2013 Revenue: $250M-$499.9M Employees: 7,500
Revenue from Exports (%): 0    

Spotlight

What her company does: Offers nursing and retirement care for seniors ||

This is the finance strategy Cormack swears by: Save your profits (she feels it’s the cheapest capital available) and pay down debt to decrease leverage.