Saputo Inc. (TSX: SAP), one of the world's ten largest dairy processors, announced a significant organisational restructuring on September 23, 2026, designed to sharpen execution of its long-term growth strategy. The changes include the creation of a standalone Ingredients Division, a new Chief Business Transformation Officer role, and a leadership appointment for the Canadian dairy division. The announcement signals Saputo's intent to accelerate its push into value-added dairy ingredients while streamlining internal operations across its global business.

Key Points

  • Saputo Inc. (TSX: SAP) is a Montreal-based global dairy processor listed on the Toronto Stock Exchange
  • The company announced a three-part organisational restructuring to support strategic growth priorities
  • Steve Douglas named President and COO, Ingredients; Haig Poutchigian appointed Chief Business Transformation Officer; Dave Paradis named President and COO, Dairy Division (Canada)
  • Investors may be watching how the new Ingredients Division structure accelerates commercial performance in global dairy ingredient markets

Saputo Creates Standalone Ingredients Division to Capture Global Dairy Demand

Saputo announced the formation of a dedicated Ingredients Division to capitalise on growing global demand for value-added and high-protein dairy ingredients. Steve Douglas has been appointed President and Chief Operating Officer, Ingredients, with responsibility for commercial, operational, innovation, and growth activities within the new division. The release states that Douglas will concurrently continue serving as President and COO of the Dairy Division (UK) until the previously announced sale of that division is concluded. The company did not disclose a timeline for the UK sale closing in this announcement.

New Chief Business Transformation Officer to Integrate Technology and Operations

To accelerate enterprise-wide technology adoption and modernise ways of working, Saputo created the role of Chief Business Transformation Officer, appointing Haig Poutchigian to the position. The release states that Poutchigian will consolidate business administration, operational finance, and information technology teams under a single integrated business services model. Saputo indicated this structure is intended to simplify processes, reduce complexity, improve coordination, and support productivity, automation, and data-driven decision-making across the organisation. Financial targets or cost savings associated with this initiative were not disclosed in the announcement.

Dave Paradis Appointed to Lead Saputo's Canadian Dairy Division

As part of the broader restructuring, Dave Paradis has been named President and Chief Operating Officer of the Dairy Division (Canada). According to the release, Paradis will oversee Canadian operations with a focus on advancing the division's strategic priorities, strengthening commercial execution, deepening client partnerships, and pursuing operational excellence. The announcement does not detail Paradis's previous role within or outside the company, nor does it disclose specific financial targets for the Canadian division under his leadership.

Structural Changes Aligned With Previously Communicated Strategic Priorities

Saputo emphasised that the organisational changes do not alter its existing strategic priorities but are intended to reinforce accountability and improve execution. The company stated its ongoing focus areas include expanding capabilities in value-added and high-protein dairy ingredients, leveraging digital technologies and AI-enabled solutions, simplifying processes, and supporting sustainable long-term value creation. The immediate share price impact was not clear from available public information.