Business Briefs HR News

HyLife CEO announces retirement, successor named

HyLife president and CEO Grant Lazaruk announces retirement and Karan Sangfai takes the reins as of March 1, 2024.

Steinbach, Man. pork producer HyLife announced Jan. 8 that the company’s long-time president and CEO, Grant Lazaruk, will retire as of Feb. 29, 2024.

“We have a solid leadership team at HyLife. I feel the timing is right for me to transition and focus more on community-minded initiatives, such as the Southeast Event Centre in Steinbach, Manitoba. I want to continue to give back where I can, to support my neighbours and the place I call home. I am also looking forward to spending more time with my family and grandchildren,” said Lazaruk with the announcement.

He joined the company in 1997, and became president and CEO in 2010.

HyLife has also named Lazaruk’s successor. Karan Sangfai, the company’s chief strategic officer, will become president and CEO on Mar. 1, 2024. Sangfai joined HyLife in 2022.

“I am honored to take on this role. It is a privilege to lead a company with such a strong reputation. On behalf of the shareholders, I would like to thank Grant for his many years of service to HyLife,” said Sangfai. “Grant has not only built a great company, but a great team with a collaborative culture. Our industry has recently faced challenges, but HyLife is strong and well-positioned. I look forward to leading our company to new successes, carrying on our traditions and unwavering partnerships in the communities where we live and work.”

HyLife’s head office is located in Steinbach, with a pork plant in Neepawa.


Highlights from Manitoba business

Stay informed on breaking news, announcements and more right here.