Lassonde president and COO stepping down in Sept. 2021

Rougemont, Que. — Lassonde Industries Inc. announced that Jean Gattuso has decided to step down on September 30, 2021 as part of the succession process that was planned in collaboration with the Company.

“I thank the Lassonde family for having supported my entrepreneurial skills in the agri-food industry. Leading Lassonde Industries has been a privilege. My contribution these last 34 years has been extremely gratifying, both professionally and personally. I have no doubt that the knowledge I acquired during my years in the private sector and the support of my network will contribute to my future projects. It is time for me to take on new challenges that will benefit Canadians and to spend time with my family,” said Gattuso in a prepared statement.

Pursuant to the above-mentioned succession plan, the Company intends to announce the appointment of Mr. Gattuso’s successor at the same time as its annual results, which are scheduled to be published next March 26th.

The Company is expecting its fourth quarter sales to increase slightly, and its operating results to drop somewhat, compared to those of the third quarter of 2020.