A significant governance milestone has been marked by Saputo as the company celebrates its Board of Directors’ successfully being elected during the annual shareholders' meeting on August 9, 2024.
Lino A. Saputo, Chair of the Board, President, and Chief Executive Officer remarks on additional exciting news for the company.
“We delivered a very good first quarter with strong revenue and adjusted EBITDA growth and solid cash generation. More importantly, we are clearly seeing the benefits from the bold actions we have taken over the past few years,” stated Saputo in an earlier release detailing the company's latest financial report.
The election results confirmed the approval of all 10 nominees proposed by the Board, reflecting robust shareholder confidence. Each nominee, including Saputo, as well as Victor L. Crawford and Olu Fajemirokun-Beck, among others, received overwhelming support.
Saputo, ranked among the top 10 dairy processors globally, excels in producing a broad range of high-quality dairy products, including cheese, milk, and cream. The company maintains a leading position in Canada, Australia, and Argentina, reinforcing its strong industry presence, according to a press release.
This decisive vote of confidence in Saputo’s leadership seems to mark a pivotal moment as the company continues to drive forward with its ambitious growth strategies. Read the full press release here to learn more.
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