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Breaking News

Cargill Appointments

June 9, 2011
June 8/Minneapolis/Press Release -- Cargill Inc. has announced a new senior leadership structure to broaden its management team and focus on business growth.

In particular, board member Paul Conway was appointed board vice chair, and chief financial officer David MacLennan was named president and chief operating officer.

The changes better prepare Cargill "for opportunities that lie ahead," said chair and chief executive officer Greg Page.

The company has "successfully navigated" recent worldwide economic challenge and now will focus on growth, especially in the world's fastest-growing economies, he said. The new structure will allow the company to create "a balanced, diverse and resilient Cargill," he said.

Conway joined Cargill in 1979 after graduating from the University of Bristol's School of Law and the Inns of Court School of Law in the U.K. and held a number of positions in merchandising in the U.K., U.S. and Switzerland.

In the 1990s, he was involved in the company's food processing operations, and in 1997, he became president of the European food processing segment. From 2006 to 2009, he was president and regional director of the company's Asian operations.

He was elected to the board of directors in 2008.

MacLennan joined Cargill in 1991 and held a number of positions in its animal protein, energy, risk management and financial segments in the U.S., England and Switzerland. He was named CFO and to the board of directors in 2008.

Prior to joining Cargill, he was senior vice president at Goldberg Bros. in Chicago, Ill., and a member of the Chicago Board of Trade and Chicago Options Exchange. He previously was president of Fixed Income Capital Markets at U.S. Bancorp Piper Jaffray in Minneapolis, Minn.

MacLennan holds a bachelor's degree from Amherst College and a master's degree in business administration from the University of Chicago.

In other appointments, Cargill senior vice president Bill Buckner was given additional responsibilities for the company's efforts in food safety. As senior vice president, he is the director of the company's platform in the animal nutrition, animal protein and salt segments.

 

From the June 9, 2011, Prepared Foods' Daily News. 

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