The Iconic Story of David McDonald: From the Farm to A Global Personality

OSI Group has been making leaps and bounds over the last two decades. David McDonald has been at the center of the expansion wave. David was once a project manager after graduating from the college. He rose up the ranks to become the OSI Group’s Chief Operating Officer and the President.

OSI Group started as a butcher shop in Chicago run by a German immigrant. The business expanded as a regional meat supplier before joining hands with McDonald’s as its primary global supplier. The company then branched out and joined hands with major food producers in the United States and around the world.

David’s background

David McDonald graduated from Iowa State University with a Bachelors in animal science. He was awarded the Wallace E.Barron Outstanding Senior Award for his high character, outstanding performance in academia and community activities, as well as the promise of continuing with the qualities as the university alumni.

Despite being the COO of OSI, David McDonald is also actively engaged in Agricultural Entrepreneurship Initiative in Iowa State. He also supports the Alpha Gamma Rho Scholarship Fund and has helped many students with internship opportunities in OSI Group. He won the Iowa State University Foundation’s Emerging Philanthropist Award in 2014. David is married to Malinda, and they have six children.

The OSI Group exploits under McDonald’s watch

OSI Group has diversified around the world with 65 facilities in 17 countries and over 20,000 employees. It is ranked number 58 on the Forbes list of the largest private U.S companies. The estimated net worth of OSI Group is over $6.1 billion. McDonald has steered OSI in an aggressive expansion program starting with China and the acquisition of Baho Food, a Dutch snack, and Deli meats producer. It also acquired Flagship Europe, also known as Creative Foods Europe, which is the manufacturer of bespoke products.

David’s background in the cornfield of Lowa has a positive impact on his managerial style and success in the food production and distribution sector. David McDonald was hired as an intern to Sheldon Lavin and saw the company expand with a series of acquisitions and joint ventures. When he took the mantle, McDonald continued with the corporate culture without turning back.

 

A Brief Bio of Nabors Industries’ CEO Tony Petrello

Tony Petrello is the Chief Executive Officer, President and Chairman of the Board at oil equipment giant Nabors Industries. He has served in a multitude of roles since joining the company in 1991 when he first joined the board of directors. Along with the titles he holds, he also works in a strategic role where he helps guide Nabors Industries’ future success and innovation within the industry.

A large part of Petrello’s push has been toward technology and innovation. He is a leader that knows the importance of integrating new and adaptive technology into the oil equipment industry as well as making sure Nabors has a fleet of people well trained on that technology that can execute it on site.

Petrello’s worth is well known by Nabors, as his total compensation last year was around 15.2 million dollars. This included 1.57 million in salary, 1.49 million as a bonus and the rest came from a portfolio of stock options awarded to Petrello. He also is a director for another oil based company Steward & Stephenson.

Outside of his role with Nabors and other business leadership roles, Petrello is highly focused on neurological research for children. He and his wife Cynthia have a young girl named Carena who was born with a neurological disease that left her highly impaired. The couple knew that with all of their success, this was the cause they could focus on and give back to in order to help make a difference. The two focus heavily on providing support, both financially and with their time, to Texas Children’s Hospital’s Center for Neurological Research. They have committed $7 million in donations and also lead fundraising efforts from other sources. Their goal is to bring neurological research initiatives that are the first of their kind right into their backyard in Texas. Click here to know more.

LinkedIn: https://www.linkedin.com/in/anthony-petrello-1335b097