Effective April 1, 2014, Mr. Paul Corney will be appointed President and Chief Operating Officer, Dairy Foods Division (USA). Mr. Corney has been with the Company since 2001 and has served as Senior Vice President - National Retail Sales, Dairy Division (Canada). Prior to 2001, Mr. Corney held several senior management positions in sales and operations with other dairy processors. In his new role, Mr. Corney will report to Mr. Dino Dello Sbarba, President and Chief Operating Officer, Saputo Inc. Since December 2013, Mr. Dello Sbarba is also acting as Interim President and Chief Operating Officer, Dairy Foods Division (USA).

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