Amelia is wife of Lino Saputo Jr Lino A. Saputo, Jr. has been the President and Chief Executive Officer of Saputo Inc. since March 30, 2004 ----- Emanuele (Lino) Saputo is the founder of Canadian-based cheese maker, Saputo Inc. There are 1 executives at Saputo getting paid more, with Kai Bockmann having the highest compensation of $5,168,160. The couple also contributed to the foundation of an Italian Canadian community centre in Montréal, the Centre Leonardo da In March 2004, his son Lino Saputo Jr. was appointed to the position of president and CEO, while Saputo continued as the company's chairman. He says that while it was a volatile year, it was also a rewarding year. The oldest executive at Saputo, Inc. is Henry Demone, 66, who is the Independent Director. Mr. Saputo, Jr. was named Canada's 2019 Outstanding CEO of the Year®, an award founded in 1990 to identify and recognize exemplary leadership and achievement by a Canadian Chief Executive Officer. Lino Saputo is 53, he's been the Independent Director of National Bank of Canada since 2012. In 1979, Mirella and Lino launched a charitable foundation, the Fondation Mirella and Lino Saputo, which donates money to a wide range of causes, particularly Giuseppe Saputo, an Italian cheesemaker, immigrated with his family to Montreal in the 1950s. Saputo’s growth strategy stresses patience: CEO Lino Saputo Jr. waited 12 years for the opportunity to snap up one of the biggest dairy operations in Australia, in 2014. In 1989, Lino oversaw the company’s successful expansion into the United States through the acquisition of a Vermont-based cheese maker. By 1989, he sat on the board of directors for a shipping firm, Cabano Expeditex (now TransForce), and for the National Bank of Canada. helping sick and disabled children, women and seniors. Family. Louis cakes, among other sweets. After two years spent in Montréal, Lino Saputo convinced his father, Giuseppe, to start his own business. Emanuele "Lino" Saputo, CM OQ is an Italian-Canadian billionaire businessman. Members of the Saputo family are Mirella Saputo, Elina Saputo, Frank Saputo, Maria Saputo, Antonina Saputo, Luigi Saputo, Rosalia Saputo, Joey Saputo, Nadia Saputo, and Lino Saputo Jr. trend for Italians immigrating to Canada. At first, the 15-year-old Lino found the move difficult, and longed to return to Sicily. In 2001, Lino Saputo resumed direct leadership over the company when Lisio resigned. Lino Saputo is 53, he's been the Chairman of the Board and Chief Executive Officer of Saputo since 2017. Saputo StadiumInformation about Saputo Stadium, home of the Montréal Impact. Under his leadership, the Company implemented the Saputo Promise, a commitment to live up to the values on which Saputo was founded in 1954. until reading about it in local newspapers. Lino A Saputo is Chairman/CEO at Saputo Inc. See Lino A Saputo's compensation, career history, education, & memberships. ​Emanuele “Lino” Saputo, CM, OQ, businessman, dairy and cheese industrialist, philanthropist (born 10 June 1937 in Montelepre, Italy). Today, Saputo Inc. is run by Lino Saputo Jr., who was named Canada’s Outstanding CEO of the Year in 2019 and is also the founder of Quartexx Management, an agency that represents hockey players. In 2011, he was appointed to the position of Vice Chair of the Board, and since August 2017, he serves as Chair of the Board. In September 1954, using $500 to buy some basic equipment and a bicycle for deliveries, the Saputo family founded a cheese making company bearing its name. There are 4 older and no younger executives at Saputo. In 2001, Saputo Inc. expanded its national reach when it successfully acquired a Western Canadian collective of dairy In 1993, he became Vice President, Operations and, in 1998, Executive Vice President, Operations. Filter by state Florida (1) Filter by age All Ages - current 18-29 30-39 40-49 50-59 60+ In addition, the company offers dairy ingredients, including milk powder, whey powder, lactose, and whey protein concentrates; and distributes fine imported cheese to specialty stores, as well as non-dairy products manufactured by third parties. 28 Less than a minute. The company remained entirely family held until its initial public offering in 1997. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, parmesan, goat cheese, feta, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses. Lino Saputo biography. in Political Science, Lino A. Saputo, Jr. joined Saputo in 1988 as an Administrative Assistant. While Saputo Inc. is publicly traded, the family retains control of much of the company stock. Net worth: $5.1 Billion (2021) Lino Saputo net worth: Lino Saputo is a Canadian businessman who has a net worth of $5.1 billion. Saputo became chairman of the board and president of Saputo Inc. in 1969, and he was named chairman and chief executive officer (CEO) in 1997 when the company went public. Though they expressed shock about Bonanno’s criminal ties and immediately broke off the deal, the Saputo family would occasionally struggle with allegations of Mafia connections. Louis dessert. From July 2001 to January 2004, he was President and Chief Operating Officer of the Company’s Dairy Products Division (USA). MONTREAL — Saputo Inc. reported an uptick in its third-quarter profit on Thursday as strong retail sales at grocery stores outweighed weak demand from restaurants, cafeterias and other foodservice costumers. In 1954, his son Lino convinced him to start a business. Lino Saputo is a businessperson who founded Amelia & Lino Saputo Jr. Foundation and who has been the head of 5 different companies. He is said to own over a hundred cars, and once paid $245,000 for a 1939 Bugatti 57C once owned by the painter Jean-Paul Riopelle. Biography ; Lino A. Saputo, Jr. Chairman of the Board and Chief Executive Officer Saputo inc. A graduate of Concordia University with a B.A. Last updated: 1 March 2021 at 11:00am EST. in Saputo’s operations, but then connected the Saputo family to Joseph Bonanno, a New York-based mobster. Marvin Harrison Net Worth. Lino Saputo emerged from modest beginnings to develop one of the most prominent dairy companies in Canada — Saputo — now with operations in the United States, Argentina and Australia. Lino Saputo took over the family firm from his father in 1969, and began to expand the business. Lino considered his successful ten-year period with National Bank a vindication of the earlier allegations of family ties to Sicilian Mafia members, and Bérard stood Lino A. Saputo, Jr., is Independent Director of National Bank of Canada. According to Forbes, he is the 8th richest person in Canada and the 339th richest person in the world, with an estimated net worth of US$5.2 billion as of February 2020. Lino Saputo, Jr. is Former Vice Chairman of the Board, President & Chief Executive Officer at Saputo, Inc. View Lino Saputo, Jr.’s professional profile on Relationship Science, the … Leave a Reply Cancel reply. 407 . transition whereby one of his sons, Lino Saputo Jr., assumed the position. The oldest executive at National Bank of Canada is Jean Houde, … Saputo Inc. was founded with $500 and a bicycle. Lino Saputo Jr., chairman and CEO of Saputo, joins BNN Bloomberg's Amanda Lang for a look at the state of Canada's dairy industry and how he's navigating the shifts in trade as NAFTA's future remains up in the air and dairy is front-and-centre in the growing trade dispute between China and the U.S. Le fondateur de Saputo, Lino Saputo, quittera pour la retraite cet été et laissera son poste de président du conseil d'administration à son fils Lino Jr. Partager 2 février 2017 19h02 Finally, in 2004, Lino Saputo Sr. resigned as CEO, completing a long-anticipated Lino Saputo Jr., chair and CEO at Saputo, joins BNN Bloomberg to reflect on 2020 and the impact COVID-19 has had on the business. There are 5 older and no younger executives at Saputo. He is 56 years old and is a Libra. The sale of shares in Saputo Inc. contributed considerably to the Saputo family’s wealth, which was measured at $10.61 billion as of 2017. Saputo was born in Montelepre, Sicily, in 1937, a cheesemaker Giuseppe and his wife, Maria. The 48-year-old delights in his position as goaltender, stopping pucks on a garage-league team … Find Lino Saputo in Bal Harbour, FL and get their phone number, relatives, public records, and past addresses. Nonetheless, the rumours may have been a factor in the Ontario Milk Commission’s Two years later, Lino came to join Giuseppe and Frank with his mother, Maria, and five other siblings. Updated Thursday, November 9, 2017 These allegations formed part By moving to Montréal, the family followed a well-established trend for Italians immigrating to Canada. Lino A. Saputo Jr. serves as Chairman of the Board, Chief Executive Officer of the Company. Scott Wolf Net Worth. His influence and family name is found throughout Montréal, Québec, including on the Saputo Stadium, home of the Montréal Impact of Major League Soccer, and his family is routinely listed among the wealthiest Canadians, reaching number three in 2017. Lino Saputo is married to Mirella, and they have three children: Joey, Lino Jr., and Nadia. Joey Saputo has four sons. In 1950, Lino’s father, Giuseppe Saputo, and eldest brother, Frank, immigrated to Canada from their Sicilian home. (Pictured: Chairman of the Board and CEO Lino Saputo Jr.) Emanuele (Lino) Saputo chaired his family's eponymous dairy company from 1969 until his August 2017 retirement. of the context of a raid on the company’s factory by Montréal police in 1972, eventually leading to a total of $350 in fines for health violations — but no proven connections. Since August 2017, Lino Saputo, Jr. has been Chairman of the board and Chief Executive Officer of Saputo Inc., one of the world’s largest dairy processors. However, by 1954, Early Life and Establishment of Saputo Inc. Vinci, featuring the Mirella and Lino Saputo Theatre. He scraped together $500 in savings for The company further benefited from the increasing popularity of pizza during the 1960s, since it meant growing demand for mozzarella. It serves customers in the retail, foodservice, and industrial segments. Lino Saputo Jr. runs Saputo Cheese, a $5-billion company that is the colossus of the Canadian cheese business - and a pretty big player in milk … Lino Saputo, Jr. joined the Company in 1988 as an Administrative Assistant. In the Food industry, Lino Saputo has 15,273 colleagues in 1,581 companies located in 79 countries. Joey Saputo was born in Canada on Friday, September 25, 1964 (Baby Boomers Generation). Over the next few years, he started rising through the ranks, managing a plant in Ontario, Canada, and holding various administrative and marketing positions. Today, it’s one of the world’s top dairy brands. Lino Saputo is a businessperson who founded Amelia & Lino Saputo Jr. Foundation and who has been the head of 5 different companies. orchestrated the purchase of Culinar Inc., a Québec baked goods company that produced the popular Jos.
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