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CANADIAN TIRE PRESIDENT NAMED MARKETING EXEC OF THE YEAR

Stephen Bachand, president and CEO of Canadian Tire Corp. Ltd., has been named the recipient of the 1997 "Ursaki" Canadian Sales and Marketing Executive of the Year award by Sales and Marketing Executives of Toronto Inc. Bachand is being recognized for his "exemplary leadership and the remarkable success of Canadian Tire as an innovative, inspirational retail marketer," according to a release. SME Toronto is a not-for-profit organization dedicated to providing a forum for sales and marketing professionals can get together. The award will be presented at a gala dinner on February 25, 1998.

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