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Joey Saputo

From Wikipedia, the free encyclopedia

Joey Saputo
Born
Giuseppe Saputo

(1964-09-25)September 25, 1964(age 59)
Montreal,Canada
OccupationBusinessman
SpouseCarmie Saputo
Children4
ParentLino Saputo

Giuseppe"Joey"Saputo(born September 25, 1964) is a Canadian businessman, the president ofCF Montréalsoccerteam he founded in 1992, and owner ofSaputo Stadium,named for his family'sdairy productscompanySaputo Inc.[1]He is also the chairman of the Italian football clubBologna.

Family

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Saputo is the son ofEmanuele "Lino" Saputo,the founder, former chairman & CEO, and majority shareholder of Saputo Inc., a Canadian dairy products company that also markets a range of other items including spaghetti sauce. Saputo previously ownedVachon Inc.,the snack company responsible for theJos Louisdessert.[2]Joey Saputo has four sons.[1]

Career

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Saputo Inc.

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In 1985, Saputo began working for the family business, Saputo Inc., adairyprocessing company founded by his father Lino Saputo in 1954. In 1990, he was promoted to president andchief operating officerof the Dairy Products Division for the United States. After occupying various positions within the organization, he was named Senior Vice President of Commercial and Business Development in January 2004.[1]

CF Montréal

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Saputo was the first president of Montreal Impact in 1992 when the Saputo Group was the team's sole owner. Under his leadership, the club was sold to a group ofshareholdersin 1999. In 2002, the team was incorporated as anon-profitorganization, and he played a "pivotal role in the re-launch of the club" and returned as president. He then spearheaded the construction ofSaputo Stadium,the team's new home, inaugurated atOlympic Park, Montreal,on May 19, 2008.[1]

By 2007, he had left the Saputo Group in order to focus on the Impact. In 2012, he led the club's entry intoMajor League Soccerand oversaw the Saputo Stadium's expansion. Under his leadership, "professional soccer's popularity has soared to unprecedented heights inQuebec",with the Impact having won three championships, two Canadian championships, and reached the finals of theCONCACAF Champions League.[1]In 2021, the Impact were renamed asCF Montréal.[3]

Bologna

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Saputo is the majority shareholder[citation needed]in a consortium (BFC 1909 LuxSPVSA) that bought the Italian football clubBolognaon October 15, 2014.[4][5]He was nominated as the nextchairmanof the club in anextraordinary general meetingon November 17, 2014,[4]replacingJoe Tacopina,who retained the position untilannual general meetingon December 22, 2014.[4]

Other activities

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In addition to his work at the Saputo Group and CF Montreal, Saputo has also been involved in managing his family's assets, consolidated under Jolina Capital ( "the Saputo family company" ),[6]anasset managementcompany where he was president from March 2001 to January 2004.[7]Jolina Capital is a shareholder—and frequently a majority shareholder—in companies spanning sectors as diverse as food, transportation,softwoodlumber, andreal estate.[1]

Saputo is currently on the board of directors ofTransForce,a publicly traded Canadiantransportandlogisticscompany, where he has been an independent director since 1996.[8]

Philanthropy

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Saputo is involved in the Montreal community and serves on the boards of theSainte-Justine University Hospital Centre Foundation,PROCURE, an organization that seeks to prevent and cureprostate cancer,[9]and theItalian-CanadianCommunity Foundation (his father immigrated fromMontelepre,Sicily,in the 1950s).[10]

References

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  1. ^abcdef"Official Biography – Joey Saputo".Montreal Impact.RetrievedJanuary 2,2014.
  2. ^"Ownership | Montreal Impact".Impactmontreal.RetrievedOctober 25,2012.
  3. ^Boehm, Charles (January 14, 2021)."CF Montréal explain rebrand:" To make an impact, we need to retire the Impact "".Major League Soccer.
  4. ^abcBologna F.C. 1909bilancio(financial report and accounts) on June 30, 2014, PDF purchased from ItalianC.C.I.A.A.(in Italian)
  5. ^"Joe Tacopina è il Presidente del Bologna"(Press release) (in Italian). Bologna F.C. 1909. October 15, 2014.RetrievedNovember 18,2017.
  6. ^"Dairy food producer Saputo increases quarterly earnings".The Globe and Mail.November 7, 2012.RetrievedJanuary 2,2014.
  7. ^"Company Overview of Jolina Capital Inc".Bloomberg Businessweek. Archived fromthe originalon January 2, 2014.RetrievedJanuary 2,2014.
  8. ^"Board of Directors".Investor Relations.TransForce. Archived fromthe originalon January 2, 2014.RetrievedJanuary 2,2014.
  9. ^"Board of Directors".PROCURE.RetrievedJanuary 2,2014.
  10. ^"Board of Fiduciaries".Who We Are.Italian-Canadian Community Foundation.RetrievedJanuary 2,2014.