Ault Foods Limited announces the appointment of a new Chairman of the Board and two new directors.ETOBICOKE, North Western Territories--(BUSINESS WIRE)--Oct. 3, 1996--The Board of Directors for Ault Foods Ault Foods Limited was a Toronto-based dairy processor and Canada's largest dairy company acquiring other dairy companies across Canada. Ault sold off parts of their business in the mid-1990s; milk division (Sealtest Dairy and Silverwood Dairy) was sold to Agropur. Limited (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , ME AUL.) has appointed Norman T. Currie, F.C.A., as the new Chairman of the Board. Don Loadman, who provided leadership in guiding Ault through the early years as a public company, resigned from the position of Chairman to pursue personal interests. Mr. Currie has served on Ault Foods' Board of Directors since 1994. Mr. Currie is a Corporate Director of Meridian Technologies Inc., Corporate Foods Limited, and Lallemand Inc. Mr. Currie has developed extensive experience throughout his career in the food industry; he was Chairman of Corporate Foods and Vice-Chairman of Circo Craft Co. Inc. From 1990 to 1994, he also served as President of Milling and Banking Division of Maple Leaf Foods Maple Leaf Foods TSX: MFI is a major Canadian food processing company. The company was originally known as Maple Leaf. It was founded in 1927 as a merger of several major Toronto meat packers, most prominently William Davies Co. Inc., and was President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Maple Leaf maple leaf of Canada. [Flower Symbolism: Jobes, 283] See : Flower Or Plant, National Mills Ltd. from 1989 to 1990. "We welcome Mr. Currie as our new Chairman of the Board, and we feel confident that Mr. Currie's wealth of experience will guide Ault Foods' management in the best interest of Ault stockholders," explained Graham Freeman, President, and Chief Executive Officer. Ault Foods Limited would also like to welcome two new board members, Ms. Germaine Gibara, and Jack Scott Jack Scott can refer to:
Ault Food is a leading Canadian food processing company with 15 plants in Ontario and Quebec and sales exceeding Cdn $ 1.3 billion. The company markets a full line of dairy products, which includes major brand names such as Black Diamond, Lactantia, Parlour, Sealtest, Haagen-Dazs, Parkay and Schneider's (cheese). Ault is publicly traded on the toronto and Montreal Stock Exchanges Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) (AUL). Earnings for Ault's first quarter for F'97 were $6,342,000 or $0.35 per common share. CONTACT: Ault Foods Limited Pamela Kempthorne, 416/620-3115 |
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