CANADA – Dairy manufacturer Saputo has announced that Lino Saputo Jr will take the positions of president and chief executive of the company.

“I’m extremely happy to be taking over this position,” said Saputo Jr. “My goal is to propel the basic culture and values that characterise Saputo, which consistently shape our activities.” Lino Saputo will continue to act as the company’s chairman of the board. He said: “I’m very happy to see Lino Jr take over the management of the business I founded with my family in 1954.”