Lino Saputo
Encyclopedia
Emanuele "Lino" Saputo is a Canadian businessman. He is the founder
Founder
Founder may refer to:* the starter of a private or public company, see Entrepreneur* 'Founder', a hoof ailment. See Laminitis#Founder* Founder , management status for Internet Relay Chat...

 and chairman of the Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

-based cheese
Cheese
Cheese is a generic term for a diverse group of milk-based food products. Cheese is produced throughout the world in wide-ranging flavors, textures, and forms....

 manufacturer Saputo, Inc.
Saputo Incorporated
Saputo Inc. is a Montreal-based Canadian dairy company. Founded as a cheese store in 1954 by Italian immigrant Giuseppe Saputo, today Saputo’s business includes cheese, baked goods and milk production, and it is the world's twelfth largest dairy producing company...

. He is 6th richest man in Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, and the 323rd richest man in the world, with an estimated net worth of $3.4 billion as of March 2011.

Early life

Saputo was born in Montelepre
Montelepre
Montelepre is a town and comune in the province of Palermo, Sicily, Italy. It is known for having been the native city of Sicilian bandit Salvatore Giuliano.-Main sights:*The Church of Maria Santissima del Rosario...

, Sicily
Sicily
Sicily is a region of Italy, and is the largest island in the Mediterranean Sea. Along with the surrounding minor islands, it constitutes an autonomous region of Italy, the Regione Autonoma Siciliana Sicily has a rich and unique culture, especially with regard to the arts, music, literature,...

, Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

, in 1937, to cheesemaker
Cheesemaker
A cheesemaker is a person who makes cheese.The craft of making cheese dates back at least 4,000 years. Archaeological evidence exists of cheesemaking by the ancient Egyptian civilizations....

 Giuseppe and his wife, Maria. He completed his secondary schooling in 1952, and shortly thereafter the Saputo family immigrated to Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

, Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

.

Lino Saputo became Chairman of the Board
Chairman of the Board
The Chairman of the Board is a seat of office in an organization, especially of corporations.Chairman of the Board may also refer to:*Chairman of the Board , a 1998 film*Chairmen of the Board , a 1970s American soul music group...

 and President
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

 of Saputo, Inc.
Saputo Incorporated
Saputo Inc. is a Montreal-based Canadian dairy company. Founded as a cheese store in 1954 by Italian immigrant Giuseppe Saputo, today Saputo’s business includes cheese, baked goods and milk production, and it is the world's twelfth largest dairy producing company...

 in 1969, and was named Chairman of the Board and Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 in 1998 when the company went public.

In March 2004, his son Lino Saputo, Jr. was appointed to the position of President
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

 and Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

. Lino Saputo continues to act as the company's Chairman of the Board
Chairman of the Board
The Chairman of the Board is a seat of office in an organization, especially of corporations.Chairman of the Board may also refer to:*Chairman of the Board , a 1998 film*Chairmen of the Board , a 1970s American soul music group...

.

Other Business Interests

Lino Saputo also owns an important stake in the trucking company; TransForce, and has extensive investments in real estate, forest products, hotels and golf courses.

Philanthropy

Lino Saputo is also known for his generous philanthropy and support of many causes including many hospitals in Montreal. In July 2006, Saputo committed C$
Canadian dollar
The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

7.5 million towards the construction of Montreal Impact new soccer stadium at Olympic Park.
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