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'''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 2011, it had 1600 restaurants and fast food stores in Canada<ref name=actualite>{{cite news |url= http://lactualite.com/lactualite-affaires/2011/03/21/nous-mangeons-tous-a-la-table-de-m-ma/ |first=François |last=Guérard |title=Nous mangeons tous à la table de M. Ma |newspaper=[[L'actualité]] |date=21 March 2011 |access-date=16 December 2017 |language=fr}}</ref> And 140 mainly in the Middle East, the [[Persian Gulf]] region and North Africa.
'''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<ref>{{Cite web |date=2021-04-12 |title=MTY chairman Stanley Ma selling up to 880,000 shares in company - BNN Bloomberg |url=https://www.bnnbloomberg.ca/mty-chairman-stanley-ma-selling-up-to-880-000-shares-in-company-1.1589099 |access-date=2023-07-24 |website=BNN}}</ref>, with over 7000 locations worldwide.<ref>{{Cite web |title=Our DNA |url=https://mtygroup.com/notre-adn/ |access-date=2023-07-24 |website=MTY Group |language=en-US}}</ref>


== Career ==
=== Career ===
Ma was born in a family with manufacturing, real estate, and retail sale businesses in Hong Kong.<ref name=lapresse>{{cite news |url=http://lapresseaffaires.cyberpresse.ca/economie/200901/06/01-685349-lenigmatique-stanley-ma-fondateur-du-groupe-mty.php |first=Stéphane |last=Paquet |title=L'énigmatique Stanley Ma, fondateur du Groupe MTY |newspaper=[[La Presse (Canadian newspaper)|La Presse]] |date=25 March 2008 |access-date=16 December 2017 |language=fr |archive-url=https://web.archive.org/web/20101031005911/http://lapresseaffaires.cyberpresse.ca/economie/200901/06/01-685349-lenigmatique-stanley-ma-fondateur-du-groupe-mty.php# |archive-date=2010-10-31 |url-status=dead }}</ref> He immigrated to Canada in 1968 and established himself in Montreal.<ref name="tgam-2011oct07">{{cite news |url=https://www.theglobeandmail.com/report-on-business/careers/careers-leadership/stanley-ma-an-empire-on-a-plastic-tray/article557383/ |title=Stanley Ma: An empire on a plastic tray |newspaper=[[The Globe and Mail]] |date=October 7, 2011 |first=Richard |last=Blackwell}}</ref> In 1979, he opened his first restaurant in [[Laval (Quebec)|Laval]], Quebec called ''Le Paradis du Pacifique'' that served a Polynesian menu.<ref name=lapresse/> In 1983, he launched his chain of Chinese food under the brand name Tiki Ming in Montreal.<ref name=actualite/>
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)|Laval]], Quebec called ''Le Paradis du Pacifique'' that served a Polynesian menu.<ref name="lapresse">{{cite news |last=Paquet |first=Stéphane |date=25 March 2008 |title=L'énigmatique Stanley Ma, fondateur du Groupe MTY |language=fr |newspaper=[[La Presse (Canadian newspaper)|La Presse]] |url=http://lapresseaffaires.cyberpresse.ca/economie/200901/06/01-685349-lenigmatique-stanley-ma-fondateur-du-groupe-mty.php |url-status=dead |access-date=16 December 2017 |archive-url=https://web.archive.org/web/20101031005911/http://lapresseaffaires.cyberpresse.ca/economie/200901/06/01-685349-lenigmatique-stanley-ma-fondateur-du-groupe-mty.php# |archive-date=2010-10-31}}</ref>


In 1983, he launched his chain of Chinese food under the brand name Tiki Ming in Montreal.<ref name="actualite">{{cite news |last=Guérard |first=François |date=21 March 2011 |title=Nous mangeons tous à la table de M. Ma |language=fr |newspaper=[[L'actualité]] |url=http://lactualite.com/lactualite-affaires/2011/03/21/nous-mangeons-tous-a-la-table-de-m-ma/ |access-date=16 December 2017}}</ref>
In 1997, he founded [[MTY Food Group]] and serves as its CEO. In a close-knit family, his son David, an architect, is projects manager, and his daughter Katherine is in sales.<ref name=montrealgazette>{{cite news |url=http://www.canada.com/montrealgazette/story.html?id=0ca63dcb-4517-433e-9742-463eac706a9c |title=King of the food courts |newspaper=[[Montreal Gazette]] |date=8 January 2007 |access-date=16 December 2017 |archive-url=https://web.archive.org/web/20131127013147/http://www.canada.com/montrealgazette/story.html?id=0ca63dcb-4517-433e-9742-463eac706a9c# |archive-date=2013-11-27 |url-status=dead }}</ref> MTY engages in a very active series of acquisitions of key brands in Quebec and all over Canada.


In 1997, he founded [[MTY Food Group]] and served as its CEO until November 2, 2018.<ref>{{Cite web |last=Ltd |first=Kostuch Media |date=2018-05-03 |title=Stanley Ma Stepping Down as CEO of MTY |url=https://www.foodserviceandhospitality.com/stanley-ma-stepping-down-as-ceo-of-mty/ |access-date=2023-07-24 |website=Foodservice and Hospitality Magazine |language=en-US}}</ref> To this day, he remains the largest [[shareholder]] in the company, and holds a role of President and Chairman of the Board.<ref>{{Cite web |date=2023-07-17 |title=STANLEY MA UPDATES EARLY WARNING REPORT |url=https://finance.yahoo.com/news/stanley-ma-updates-early-warning-110000775.html |access-date=2023-07-24 |website=Yahoo Finance |language=en-US}}</ref>
In 2011, MTY has the following enterprises / franchises amongst others: Tiki-Ming (Chinese cuisine), Thaï Express (Thai cuisine), Sushi Shop ([[sushi]] specialties), Sukiyaki (Japanese cuisine), Au Vieux Duluth Express (Greek cuisine), Vanelli's (Italian cuisine), La Crémière (frozen milk products), Tandori (Indian cuisine), Franx Supreme ([[hot dog]]s, Poutines), Cultures (sandwiches and salads), CaféRama, O'Burger, Vie & Nam (Vietnamese cuisine), Chick'n'Chik, Croissant Plus, Kim Chi (Korean cuisine), Koya Japan (Japanese cuisine), Panini (Italian cuisine), Villa Madina (Arab and Mediterranean food), [[Yogen Früz]] (yogurt products), and Taco Time (Mexican cuisine).


=== Family ===
⚫
Ma was named the 2010 Ernst & Young Quebec Region Entrepreneur of the Year Award and Business-to-consumer products and services category award winner.<ref name="np-2011jan31">{{cite news |url=https://nationalpost.com/winner+stanley/4193053/story.html |title=Winner: Stanley Ma |newspaper=[[National Post]] |date=January 31, 2011 |author=<!--Staff writer(s); no by-line.-->}}</ref>
Ma is married to Claude St-Pierre, that held several positions within the company, and is currently a Board Member<ref>{{Cite web |title=Board and Committee |url=https://mtygroup.com/board-and-committee/ |access-date=2023-07-24 |website=MTY Group |language=en-US}}</ref> and a large shareholder. <ref>{{Cite web |date=2023-07-17 |title=STANLEY MA UPDATES EARLY WARNING REPORT |url=https://finance.yahoo.com/news/stanley-ma-updates-early-warning-110000775.html |access-date=2023-07-24 |website=Yahoo Finance |language=en-US}}</ref> They have 3 children. Their daughter, Katherine Ma, currently holds the role of VP Procurement & Sustainability and Chair of [[Environmental, social, and corporate governance|ESG]] at MTY Group.[https://sustainability.mtygroup.com/wp-content/uploads/2022/11/MTY22_NAT_011_SUSTAINABILITY-REPORT_EN.pdf]

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. <ref>{{Cite web |title=MTY Group and Stanley Ma: Animal Cruelty and Food Safety Risks |url=http://mtygroupcruelty.com/stanley-ma/ |access-date=2023-07-24 |website=MTY Group Cruelty: Filth and Food Safety Risks |language=en-US}}</ref><ref>{{Cite web |title=MTY Group and Katherine Ma: Animal Cruelty and Food Safety Risks |url=http://mtygroupcruelty.com/katherine-ma/ |access-date=2023-07-24 |website=MTY Group Cruelty: Filth and Food Safety Risks |language=en-US}}</ref>

=== Awards ===
⚫
Ma was named the 2010 Ernst & Young Quebec Region Entrepreneur of the Year Award and Business-to-consumer products and services category award winner. <ref>{{Cite web |title=Quebec Winner: Stanley Ma |url=https://financialpost.com/entrepreneur/quebec-winner-stanley-ma |url-status=live}}</ref>


==References==
==References==

Revision as of 17:58, 24 July 2023

Stanley Ma
Born1950 (age 73–74)
Hong Kong
NationalityCanadian
OccupationBusinessman
Years active1979–present
Known forFounder 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]

Career

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]

Family

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. 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. [9][10]

Awards

Ma was named the 2010 Ernst & Young Quebec Region Entrepreneur of the Year Award and Business-to-consumer products and services category award winner. [11]

References

  1. ^ "MTY chairman Stanley Ma selling up to 880,000 shares in company - BNN Bloomberg". BNN. 2021-04-12. Retrieved 2023-07-24.
  2. ^ "Our DNA". MTY Group. Retrieved 2023-07-24.
  3. ^ Paquet, Stéphane (25 March 2008). "L'énigmatique Stanley Ma, fondateur du Groupe MTY". La Presse (in French). Archived from the original on 2010-10-31. Retrieved 16 December 2017.
  4. ^ Guérard, François (21 March 2011). "Nous mangeons tous à la table de M. Ma". L'actualité (in French). Retrieved 16 December 2017.
  5. ^ Ltd, Kostuch Media (2018-05-03). "Stanley Ma Stepping Down as CEO of MTY". Foodservice and Hospitality Magazine. Retrieved 2023-07-24.
  6. ^ "STANLEY MA UPDATES EARLY WARNING REPORT". Yahoo Finance. 2023-07-17. Retrieved 2023-07-24.
  7. ^ "Board and Committee". MTY Group. Retrieved 2023-07-24.
  8. ^ "STANLEY MA UPDATES EARLY WARNING REPORT". Yahoo Finance. 2023-07-17. Retrieved 2023-07-24.
  9. ^ "MTY Group and Stanley Ma: Animal Cruelty and Food Safety Risks". MTY Group Cruelty: Filth and Food Safety Risks. Retrieved 2023-07-24.
  10. ^ "MTY Group and Katherine Ma: Animal Cruelty and Food Safety Risks". MTY Group Cruelty: Filth and Food Safety Risks. Retrieved 2023-07-24.
  11. ^ "Quebec Winner: Stanley Ma".{{cite web}}: CS1 maint: url-status (link)
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