Stanley Ma | |
Birth Place: | Hong Kong |
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 Japan 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.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.[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]