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Saputo Announces a Change in Senior Management

03/06/2019 23:00 UTC

MONTRÉAL, March 06, 2019 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (“Saputo” or the “Company”) announced today changes in its senior management aimed at further supporting its operations and growth strategy.

Effective April 1, 2019, Mr. Carl Colizza will be appointed President and Chief Operating Officer, North America. Currently, Mr. Colizza is responsible for the Dairy Divisions Canada and Argentina. As such, Mr. Frank Guido will be appointed President and Chief Operating Officer, Dairy Division Canada as of April 1, 2019. Mr. Guido has been with the Company since 2015 and has held several senior management positions in operations and logistics.

In his new role, Mr. Colizza will continue to report to Mr. Kai Bockmann, the Company’s President and Chief Operating Officer. Mr. Bockmann also acts as President and Chief Operating Officer for the International Sector, which includes the Dairy Divisions Australia and Argentina.  

Mr. Terry Brockman, President and Chief Operating Officer, Cheese Division (USA), Mr. Paul Corney, President and Chief Operating Officer, Dairy Foods Division (USA) along with Mr. Frank Guido will report to Mr. Colizza.  

About Saputo

Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Saputo is one of the top ten dairy processors in the world, the largest cheese manufacturer and the leading fluid milk and cream processor in Canada, the top dairy processor in Australia and the second largest in Argentina. In the USA, Saputo ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products. Our products are sold in several countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, COON, Cracker Barrel*, Dairyland, DairyStar, Devondale, Friendship Dairies, Frigo Cheese Heads, La Paulina, Milk2Go/Lait’s Go, Montchevre, Murray Goulburn Ingredients, Neilson, Nutrilait, Scotsburn*, Stella, Sungold, Treasure Cave and Woolwich Dairy. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol “SAP”.

*Trademark used under licence.

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