The funds were raised during a three-week annual campaign that united employees for a good cause and featured creative workplace activities ranging from sketch contests to cannoli bake sales. Saputo matched every dollar donated, doubling the impact of this shared effort.
This accolade is a testament to the company’s commitment to anticipating the needs of its employees and making continuous improvements to its wellness offerings.
CDPQ's stake in the company now totals approximatively 4.5% of the company, following the acquisition of 13.5 million shares at a price of $27.96 per share.
Five winners will receive $5,000 in grant money in October 2024, as well educational opportunities through WIT, including a custom virtual mentorship program, a four-week entrepreneurial/leadership course, and one year access to the WIT Community, a membership-based entrepreneurial organization, bringing the total value of each prize package to $7,000.
Lino A. Saputo, chair of the board, president, and CEO, will transition to executive chair of the board. The transition will take effect on Aug. 9, the date of the company’s annual general meeting.
