Stanley Ma | |
---|---|
Born | 1950 (age 73–74) |
Nationality | Canadian |
Occupation | Businessman |
Years active | 1979–present |
Known for | Founder and owner of MTY Group |
Stanley Ma (born in Hong Kong in 1950) is a Canadian businessman and founder and President of MTY Food Group that owns a wide variety of food brands and sells fast food chain outlets. In 2023, the company is behind more than 80 brands, [1] with over 7000 locations worldwide. [2]
Ma was born in a family with manufacturing, real estate, and retail sale businesses in Hong Kong. He immigrated to Canada in 1968 and established himself in Montreal, where he took his first job as a dishwasher. In 1979, he opened his first restaurant in Laval, Quebec called Le Paradis du Pacifique that served a Polynesian menu. [3]
In 1983, he launched his chain of Chinese food under the brand name Tiki Ming in Montreal. [4]
In 1997, he founded MTY Food Group and served as its CEO until November 2, 2018. [5] To this day, he remains the largest shareholder in the company, and holds a role of President and Chairman of the Board. [6]
Ma is married to Claude St-Pierre, that held several positions within the company, and is currently a Board Member [7] and a large shareholder. [8] They have 3 children. [9] Their daughter, Katherine Ma, currently holds the role of VP Procurement & Sustainability and Chair of ESG at MTY Group. [1]
Both Stanley and Katherine Ma have been facing negative publicity because MTY Food Group still hasn't made a public commitment to use only cage-free eggs in the company's global supply chain. [10] [11]
Ma was named the 2010 Ernst & Young Quebec Region Entrepreneur of the Year Award and Business-to-consumer products and services category award winner. [12]