Lino Saputo Jr. is leaving his chief executive officer role in August. He has held the position for more than 20 years, taking over from his father.
His grandfather, Giuseppe, founded the cheese business in Montreal in 1954. It is now a global dairy processing company.
Carl Colizza, the current president and chief operating officer of Saputo’s North America business division, will be the new president and chief executive officer. He has been with Saputo since1998.
Saputo Jr., who transitioned to chief executive officer in 2004 and then also became president in 2022, said his “role will shift into a new capacity more focused on strategic oversight” in support of the company’s management team.