Lino Saputo

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Lino Saputo
Born Emanuele Saputo
(1937-06-10) June 10, 1937 (age 80)
Montelepre, Sicily, Italy
Residence Senneville, Quebec, Canada
Nationality Italian-Canadian
Occupation Entrepreneur
Board member of Chairman, Saputo Inc.
Children 3,[1] including Joey Saputo

Emanuele "Lino" Saputo, CM OQ (born June 10, 1937) is an Italian-Canadian businessman. He is the founder and chairman of the Canadian cheese manufacturer Saputo, Inc. He is sixth-richest man in Canada, and the 269th richest man in the world, with an estimated net worth of $5.2 billion as of June 2017.[2]

Early life[edit]

Saputo was born in Montelepre, Sicily, Italy, in 1937, to Giuseppe Saputo, a cheesemaker, and his wife Maria. He completed his secondary schooling in the early 1950s, and shortly thereafter the Saputo family immigrated to Montreal, Quebec.

Career[edit]

Lino Saputo became chairman of the board and president of Saputo Inc. in 1969, and was named chairman of the board and chief executive officer in 1998 when the company went public. In March 2004, his son Lino Saputo, Jr., was appointed to the position of president and chief executive officer while Lino Saputo continued to act as the company's chairman.[citation needed] In August 2017, Lino Saputo, Jr. assumed the role of chairman and Lino Saputo remains the majority shareholder of Saputo Inc.[citation needed]

Other interests[edit]

Saputo also owns a significant stake in the trucking company, TransForce, and has extensive investments in real estate, forest products, hotels and golf courses.[citation needed]

Saputo committed C$7.5 million towards the construction of Montreal Impact's Saputo Stadium at Olympic Park in July 2006.[citation needed]

Philanthropy[edit]

In 2011, he was made an Officer of the National Order of Quebec.[3] He was appointed a Member of the Order of Canada (CM), per the Canada Gazette, on September 1, 2012, and Government House announcement on June 29, 2012.

See also[edit]

References[edit]

  1. ^ "Emanuele (Lino) Saputo & family". Retrieved June 10, 2017. 
  2. ^ "Emanuele (Lino) Saputo & family". Retrieved June 10, 2017. 
  3. ^ "National Order of Quebec citation". National Order of Quebec (in French). Archived from the original on April 15, 2012.