Saputo Inc. Announces CEO Transition

MONTRÉAL, May 14, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company), one of the top ten global dairy processors, today announced its plan for executive leadership succession. Lino A. Saputo, Chair of the Board, President, and CEO, indicated to the Board of Directors his intention to transition from President and CEO to a role of Executive Chair of the Board. In this capacity, Mr. Saputo will continue to provide invaluable oversight of the Company’s strategic development to drive value creation. The transition will take effect on August 9, 2024, the date of the Company’s upcoming Annual General Meeting.

Read more at globenewswire.com