Without a doubt, innovation in food, as well as agribusiness, needs to focus on major improved technologies in addition to new business models. That is why organizations that deal with food production need to have leaders with big ideas that can boost food production in the coming years. As the sector is struggling to overcome environmental challenges including the slow growth, ample supply and growing demand, a company like OSI Group has invested in visionary leaders. David fits the prime example in this context.
Who is Dave McDonald?
David McDonald hails from Iowa. He had a striking passion for agriculture. Therefore, he joined the Iowa State University to pursue animal science and graduated with honors by receiving the Wallace E. Barron Outstanding Senior Award. Later on, McDonald started career at OSI Industries. Beginning as an intern did not deter him from pursuing his goals. Like most graduates, he aspired to become a senior employee at the firm. But, he also knew that he needed to understand the market and how different competitors approached the business. Therefore, he analyzed the industry and came up with invaluable strategies by shaping OSI Industries and its operations.
Leadership and Overseeing the Supply Chain
OSI Group deals with the production of food. Over the years, it has become one of the leading providers of meat and snacks. This means that the company must be guided by leaders who understand how to operate the business. David McDonald came in as the manager in charge of supply. He assumed this role and started overseeing the supply chain process including developing policies that work well for the better distribution of meat across the world. One such system is global expansion.
Expansion Projects Led by David McDonald
Since he joined OSI Group, David McDonald has steered the expansion of the company in many ways. For instance, in 2016, he oversaw significant procurement projects involving global expansion. The acquisition of Baho Foods was one of the projects that he was involved in. As such OSI Group expanded its supplying threshold. The second project McDonald was in charge of was the acquisition of Tyson Foods where he oversaw the entire process and added that OSI Group has adequate resources to delve into global expansion. Perhaps it is also important to note that McDonald recently chaired the expansion of OSI Industries’ Spain, where the firm doubled chicken production.
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OPSkins is the top bitcoin merchant in the world as well as the leader of sales when it comes to in-game virtual assets. Their users are based all around the world which means that there are many micro-payments that take place cross-border on a regular and frequent basis. With their large market size and high demand from their users, they are a prime candidate when it comes to creating a decentralized protocol for monetary exchanges.
Malcolm CasSelle and the other founders of OPSkins are in the process of launching a new platform in order to simplify virtual asset training in a secure way using blockchain technology. This platform is known as WAX and is a peer to peer marketplace that was created to trade virtual assets. Their combination of decentralized smart contracts and blockchain will create a platform that will allow sellers and buyers to trade their virtual assets efficiently and securely with each other.
When it comes to virtual asset trading, there have been problems when it comes to fraud and fragmentation that Malcolm CasSelle and the rest of the team at WAX are planning to fix. There are many different virtual marketplaces that currently exist on a local and global level, WAX will allow users to tokenize their assets and remove the friction that currently exists.
Entrepreneur Malcolm CasSelle is the President of WAX, the Worldwide Asset EXchange) as well as the Chief Information Officer of OPSkins. In the past, Malcolm CasSelle has also been the President of New Ventures and Chief Technology Officer of tronc. Malcolm CasSelle has degrees in Computer Science from both MIT and Stanford University, he earned a bachelors from MIT and a masters from Stanford. He is also multi-lingual with the ability to speak English, Japanese, and Mandarin.
One of Malcolm CasSelle’s earliest positions began in 1995 when he acted as the Chief Technology Officer at the company he co-founded, NetNoir. NetNoir was one of the first websites to be focused on media production centered around Afrocentric culture. Malcolm CasSelle went on to other positions at Pacific Century Cyber works from 2006 to 2013 before becoming the General Manager and Senior Vice President of Digital Media for Seachange International.
Today, OSI Group is one of the most prominent companies in the food processing industry, with over 65 locations around the world. Originally a family-owned butcher shop, the company, then known as Otto and Sons, would forge a bond with the McDonald’s Corporation, that would take both entities to new heights. In early 1970, Sheldon Lavin was a very successful investor and banking executive, and he also operated a consulting firm, but he was relatively new to the food processing industry when he was asked to help secure financial backing in Otto and Sons’ deal with McDonald’s. It was his zest for life, and his need to bring change to the world that ushered him into the industry. The funding would allow Otto and Sons to build a new plant that would be dedicated to serving the growing burger chain. By the mid-1970’s, the future Chief Executive Officer would have become significantly more involved with the business aspects of Otto and Sons, and in 1975, the company would be rebranded OSI Group. Over the next decade, Sheldon Lavin would play a significant role in the rapid expansion of OSI Group. Plants in new territories such as the Philippines and Taiwan, where being developed, all under the direction of their most forward-thinking executive, Sheldon Lavin.
Through careful planning and strategic investments, Sheldon Lavin and his team have made a number of lucrative acquisitions, as well as a variety of joint ventures. With sustainability being such an important responsibility for Mr. Lavin and OSI Group, he has made a consistent effort to continue to improve his environmental footprint by going green whenever and wherever possible. For his achievements in the world of philanthropy, he has been presented with a number of reputable awards, including the Global Visionary Award. He also regularly contributes to Ronald McDonald House Foundation, who help families that are dealing with illnesses around the world. Sheldon Lavin continues to be active in the daily activities regarding OSI Group, but he also understands the value of having a strong team, for which he often utilizes a system of delegation.
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The Lefkofsky Family Foundation was founded by Eric Lefkofsky and his wife Liz in 2006. The Foundation is a private charitable foundation that is designed to enhance the lives of the people in the community by focuses on four key areas, education, human rights, cultural initiatives and, medical research. In education, the Lefkofsky Family Foundation created High School Bound, a tool designed to allow students to explore the various options available for the selection of a high school. The Lefkofsky Family Foundation also created Success Bound, Afterschool Matters, and Academy for Urban School Leadership (AUSL), all are invaluable resources enhancing educational opportunities for students in Chicago.
Eric Lefkofsy is the co-founder of Tempus, a Chicago based healthcare information technology company. Tempus that uses the power of artificial intelligence to sift through healthcare data to explore new ways of fighting cancer. Tempus has relationships with the entire spectrum of healthcare entities, including doctors, clinical data, hospitals and pharmaceutical data. Tempus is on the cutting edge of a healthcare revolution, because for the first time in history we have the technology to truly utilize historical healthcare data with real-time molecular data to identify potential breakthroughs in the fight against cancer.
Tempus announced they had gotten $ 70 million in investments during Series Round C from Revolution Growth and New Enterprise Associate. Eric Lefkofsky says the investments are pouring in due to fact investors are realizing we are entering a new era in the fight against cancer. Tempus is building a molecular clinical library of data, and taking a data approach to fight cancer. With machine learning technology, Tempus is creating genomic sequences. Eric Lefkofsky’s other company UpTake Technologies announced they secured $ 90 million in investments during the Series B round. New Enterprise Associates and Revolution Growth are among the latest investors to Tempus.
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It starts with a dream, then a driving force to turn passion into a reality. This is evident in the life of Ronald Fowlkes whose dreams and passion was to serve his country diligently. Not long after completion of high school, he joined the Marine forces which gave him the direct opportunity to be of service to his country. Almost all his life he has worked in the law enforcement section ensuring that the people are safe in all their endeavors.
He later joined the police force where he continued with his serving of the society. In his working period, he got the chance to work with an organization that deals with distributing equipment to the soldiers and peacekeepers from all corners of the world. The company, namely FirstSpear, has grown to be of importance to the community as it helps to ensure that security workers and peacekeepers are fully equipped to provide their services efficiently.
Ronald Fowlkes is also a mentor who is passionate about guiding young people to realize their full potential. He loves gear from a tender age, and this influences his guidance where he tells young people to maintain their gadgets and gears for better service. He elaborates that a well-maintained gear will ensure success in a person’s work and a badly maintained one will only result in disaster. Therefore, through his grit for service, he helped to build the future of the country as the young generation is the future. He also knows that one way to capture a young person or child is through games. Therefore, he uses sports as a channel to talk to the children, and they have a good understanding of the things he talks about.
A law enforcement company started by Ronald Fowlkes is a continuation of security solutions to the problems outlined. He began his company to fulfill his dream of being a person of service to all. The funding of the company was made possible as he used some funds from his company, Eagle Products. It is from this establishment that FirstSpear was developed. He understands that helping other law enforcers such as the police gives them time and space to work without a lot of challenges.
Having been in the military training, he knows what it takes for one to prevail. He, therefore, uses his knowledge to give back to the society. At the same time, working as a police officer has assisted him to know the challenges I the law enforcement sector. He uses all the opportunities and experiences he has had to help the people in the society. Therefore, Ronald Fowlkes is one person to admire as he makes many people realize their abilities and for those working to maximize their opportunities to serve people in a better way.
Louis Chenevert has always been a man who thinks of the team effort when it comes to whatever he is doing. He has always had this mentality through his illustrious career. When he stated at GM he knew that each and every job was important. This kind of insight would serve him well over the years and in future positions with Pratt and Whitney and most of all at UTC. In an interview with Ideamensch, Louis Chenevert talked about his career at United Technologies Corporation and how he made it a success.
While he was the President and CEO of UTC, Louis Chenevert says that the key decisions of the company were made by a small core group. He says that that is one of the big keys to a successful business. He made sure that he had the talent around him that was necessary to move the company forward. He made sure that everyone agreed with a new idea and how to bring it to life. Louis Chenevert says he had no time for those that disagreed because it slows down the amount of business being done. When things slow down the bottom line and goals are not being reached. That is not the way to run a successful business.
Louis Chenevert says that one of the things that excited him about the future of UTC was the fast-paced world of technology. He was always impressed by the number of new opportunities the latest technology could bring. He also advises that a new business leader should have a group that can speak openly when it comes to new things and catches potential problems quickly. These are the people that leaders should appreciate because it can save them trouble down the line on a new project. That is how to make a business stand out from the rest.
Louis Chenevert has always believed that the people who worked him are winners. That is one of the main reasons that he has been such a success over the years. Making bold and critical decisions can have a big payoff down the line.
The 10-year landmark deal that Jay Z signed with Live Nation in 2008 draws to an end. The landmark $150 million deal is one of the biggest contracts that the rap mogul has ever signed in his entire music career. He is sounding out various bigwigs in the music industry about being a stakeholder in the Roc Nation.
The 360 deal is up for grabs next year, and this might trigger a buy-sell scenario. That implies that any party can decide to sell their stake in Roc Nation to the other party or purchase the firm outright. According to recent reports, Live Nation anticipates to continue its profitable touring deal with the hip-hop star Jay Z, but the company is backing out of the recorded music side.
According to the reports from a music insider, the 360 deal with Live Nation will not be extended once it ends. The Live Nation has purchased the rights of its artists and recorded music. However, the company declined to extend any of those relationships. Note that the Live Nation does not participate in the business of purchasing recorded music. Some of the famous artists who have signed deals with Roc Nation include Jay Z, Rihanna, Fat Joe, Shakira, and Meek Mill.
However, the sources from Live Nation added that they have a long-enduring and lucrative touring relationship with the top hip-hop artist. Many stakeholders believe that Live Nation wants the relationship to continue for many years.
About Desiree Perez
Desiree Perez is a close business partner of the prominent rap mogul Jay Z. She has been working with Jay Z for almost two decades. Perez prides in her incredibly vast experience in running the SC enterprises. Her incredible tactics when it comes to calculations and her and fierce negotiation skills have helped her to prove that she is the sure bet for such a post and more
Todd Lubar is a renowned businessman who has always has a good reputation in both credit and financial sector these enabled him to make more top prominent friends hence he was able to learn more from them too. He was born and raised in Washington and he joined Sidwell Friends School for his basic education. He, later on, was capable of entering the High school The Peddie School in Hightstown in New Jersey. His higher education he went to Syracuse University and attained Bachelor of Arts degree in speech communication. When he completed the University Todd Lubar credential which he had was able to search for different jobs in the corporate world.
Crestar Mortgage Corporation is the first firm that he served first and the main errands and the firm was a loan originator hence he was able to gain a lot of experience and knowledge in the original model of business when he was working at the organization. As the loan originator at the organization enabled him to meet with most influential people who are financial planners, insurance agents and real estate brokers hence it made him known all over the world. But he, later on, moved away from the company and he was hired to one of the top firm named Legacy Financial Group that is located in Texas. Todd Lubar commitment enabled him to be the head of Maryland division of the firm. He also worked at Charter Funding for almost seven years and acted as the senior vice president of the firm. His main intensive on the purchase-money mortgaged that was instigated from the financial services.
Todd Lubar his exceptional mark on the real estate division in Maryland with an experience of being in the real estate for more than two decades. He was also able to complete different deals that in the credits and the financial sector. Now he is serving as the president of TDL Ventures located in the United States. Mostly Todd Lubar focuses on the development and enlargement of the firm to become the vital importance organization all over the world. Some of the businesses that he was able to achieve are demolition industry, nightclub industry, and the recycling industry. He was also acknowledged to be among the highest 25 mortgage originators in the United States. One of the factors that enabled him to have the chance to serve at the Legendary Investments as the senior vice president is due to his exceptional knowledge
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The food industry is fast changing and evolving, and one of the meat processing companies that has been the part of the transformation in the sector is OSI Group. It is the largest supplier of processed meat and food products and has been around for many decades. The company is one of the biggest suppliers of commodities like beef sausages, sausage links, processed chicken, and other related products to some of the most famous food chains and restaurants across the globe, including KFC, Subway, McDonald’s, Papa John’s, and more. The company has manufacturing units in 17 countries, and the total number of manufacturing and processing units operated by OSI Group is 50 currently. In total, the company provides direct employment to 20,000 people, and the figure is expected to grow in the coming years as OSI Group plans massive expansion under the President David McDonald.
David McDonald says that OSI Group is a global company, but the reason behind its success is that it has a regional team that is well-acquainted with the local taste, financial trend, market, and culture. It helps the company to adjust quickly in the new market and manufacture products as per the regional demand. The global presence of the OSI Group and its strength to provide local indigenous solutions is the strength of the company, and it is the culture that has been embedded even more strongly under the leadership of David McDonald. Presently, OSI Group has been focusing on expanding in developing countries like China, where the demand has been growing tremendously due to the booming economy as well as the increasing purchasing power of the local population. As the consumer market of China continues to grow, it becomes all the more reason to focus on meeting its demand in the food processing industry.
In the last couple of years, OSI Group has launched several new manufacturing units in China to meet the increasing demand in the country. In Shandong Province, the company built one of the largest feed mills for beef processing that would annually produce 600,000 metric tons of processed beef. Even with the aggressive growth and expansion of the company, David McDonald says that there is still enough room for growth and development left. He believes that the market is growing globally and OSI Group aims to retain its top position in the industry. He says that the expansion is the best way to answer the increasing competition in the industry.
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