Leading Changes at Saputo: New Executive Appointments Announced

Strategic Leadership Appointments at Saputo Inc.

In a significant move to bolster its operations, Saputo Inc. (TSX: SAP), a major player in the dairy industry, has unveiled a series of executive leadership appointments. These changes, announced recently, come as Carl Colizza steps into his new role as President and CEO. The leadership team is poised to enhance the company's strategic direction and operational efficiencies.

New COO Appointment: Frank Guido

Frank Guido has stepped into the role of Chief Operating Officer, where he will oversee vital operations across North America, Europe, and International sectors. His extensive experience in the consumer-packaged goods industry spans over 25 years, providing him with a robust background in operations, supply chain management, and financial strategy. Previously serving as President and COO of the Dairy Division in the USA, Guido's leadership is expected to drive growth and improve operational outcomes, enabling the organization to capitalize on new market opportunities.

Leanne Cutts: The New Chief Commercial Officer

In a newly established position, Leanne Cutts takes on the role of Chief Commercial Officer. This addition highlights Saputo's commitment to enhancing its commercial strategy. Cutts, who joined the company in 2021, carries more than three decades of expertise in branding, marketing, and product development. Her vast experience will play a critical role in strengthening Saputo's sales initiatives across global markets, ensuring the brand maintains its competitive edge.

Leadership for Dairy Divisions

Dominick Bombino has been appointed as the President and COO of the Dairy Division (USA). With a tenure exceeding 25 years at Saputo, Bombino's trajectory within the company reflects a series of operational and commercial leadership roles, cementing his expertise in managing diverse challenges in the dairy sector.

Meanwhile, Steve Douglas has taken the helm as the President and COO of the Dairy Division (UK). Douglas brings over 30 years of experience, most recently as Senior Vice President of Operations and Supply Chain in the USA. His contributions have been vital in streamlining processes, enhancing efficiencies, and optimizing the company's manufacturing capabilities.

Management Transition

The executive shift also involves the departure of Tom Atherton, who will transition from his role as President and COO of the Dairy Division (UK) in order to pursue new opportunities. Atherton's leadership had been integral during his tenure since 2019, following the acquisition of Dairy Crest Group plc. He has played a significant role in guiding the UK division through various challenges. His support during the transition to Douglas is appreciated as the company moves forward.

About Saputo Inc.

Saputo Inc. is recognized among the top ten dairy processors globally, offering a broad range of high-quality dairy products. With a strong presence in various international markets, Saputo manufactures and distributes cheese, fluid milk, cultured products, and dairy ingredients among others. The company is particularly dominant in Canada, Australia, and Argentina, positioning itself as a leading entity in the dairy processing landscape in these regions, while also being a prominent cheese producer in the USA. As an ongoing commitment to innovation, Saputo continues to expand its portfolio, incorporating dairy alternatives to cater to growing consumer demand.

For further updates and insights on Saputo's initiatives and product lines, stakeholders are encouraged to follow the company's official channels.

Frequently Asked Questions

What recent leadership changes have been made at Saputo Inc.?

Saputo has appointed Frank Guido as COO, Leanne Cutts as CCO, Dominick Bombino as President and COO of the Dairy Division (USA), and Steve Douglas as President and COO of the Dairy Division (UK).

Who is the new Chief Commercial Officer at Saputo?

Leanne Cutts has assumed the role of Chief Commercial Officer, focusing on global commercial strategies and marketing efforts.

What experience does Frank Guido bring to his role as COO?

Guido has over 25 years of experience in the consumer-packaged goods industry, with significant roles in operations and finance.

Why did Tom Atherton leave Saputo?

Tom Atherton announced his decision to leave to pursue new opportunities but will assist in the transition until the end of the year.

Where does Saputo Inc. rank in dairy processing globally?

Saputo is among the top ten dairy processors in the world, with a strong market presence in various countries.

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