Minneapolis, Mn., USA – Cargill, a producer and marketer of food, announced that it has elected David W. MacLennan, currently Cargill's president and chief operating officer, as the next chief executive officer, effective December 1, 2013.[break]
Mr. MacLennan will retain the title of president and continue as a director of the company. Mr. MacLennan joined Cargill in 1991 and has held various leadership positions within the financial, risk management, energy and animal protein businesses in the United States, London and Geneva.
He was elected Cargill's president and chief operating officer in 2011. In 2008, he was named Cargill's chief financial officer and elected to the Cargill Board of Directors. Prior to joining Cargill, he was a senior vice president with LIT America in Chicago and served as president of Fixed Income Capital Markets at U.S. Bancorp Piper Jaffray in Minneapolis.
Mr. MacLennan earned a bachelor's degree from Amherst College and a master of business administration from the University of Chicago. In addition to the Cargill board, he currently serves on the board of directors of C.H. Robinson Worldwide, Inc. and the Greater Minneapolis St. Paul Regional Economic Development Partnership (Greater MSP). He is succeeding Gregory R. Page who will serve as executive chairman.
Mr. Page was elected chief executive officer in 2007 and chairman later that same year. He was elected to the Cargill Board of Directors in 2000 and served as president of the company from 2000 until 2011. Mr. Page joined Cargill in 1974 as a trainee in its feed division and has held various leadership positions in Asia and North America.
Prior to joining the senior management ranks, he led the startup of the company's poultry processing operation in Thailand, the beef and pork processing operations of Cargill's Excel subsidiary, and the company's Financial Markets Group.
He earned a bachelor's degree in economics from the University of North Dakota. In addition to the Cargill board, he currently serves on the boards of directors of Carlson, Deere & Company and Eaton Corporation.
The Cargill Board of Directors also elected Emery N. Koenig as a vice chairman of the company.
Mr. Koenig continues to serve as Cargill's chief risk officer. Since joining Cargill in 1978, Mr. Koenig has worked in a variety of commodity trading and risk management roles in the United States and Switzerland. Mr. Koenig currently serves as chairman of Black River Asset Management, an independently managed subsidiary of Cargill.
He was elected to the Cargill Board of Directors in 2010. He also serves on the board of directors of The Mosaic Company, and is a director of CARE USA and the Catholic Community - September 12, 2013, Minneapolis, Mn., USA – Cargill, a producer and marketer of food, announced that it has elected David W. MacLennan, currently Cargill's president and chief operating officer, as the next chief executive officer, effective December 1, 2013.
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Mr. MacLennan will retain the title of president and continue as a director of the company. Mr. MacLennan joined Cargill in 1991 and has held various leadership positions within the financial, risk management, energy and animal protein businesses in the United States, London and Geneva.
He was elected Cargill's president and chief operating officer in 2011. In 2008, he was named Cargill's chief financial officer and elected to the Cargill Board of Directors. Prior to joining Cargill, he was a senior vice president with LIT America in Chicago and served as president of Fixed Income Capital Markets at U.S. Bancorp Piper Jaffray in Minneapolis.
Mr. MacLennan earned a bachelor's degree from Amherst College and a master of business administration from the University of Chicago. In addition to the Cargill board, he currently serves on the board of directors of C.H. Robinson Worldwide, Inc. and the Greater Minneapolis St. Paul Regional Economic Development Partnership (Greater MSP). He is succeeding Gregory R. Page who will serve as executive chairman.
Mr. Page was elected chief executive officer in 2007 and chairman later that same year. He was elected to the Cargill Board of Directors in 2000 and served as president of the company from 2000 until 2011. Mr. Page joined Cargill in 1974 as a trainee in its feed division and has held various leadership positions in Asia and North America.
Prior to joining the senior management ranks, he led the startup of the company's poultry processing operation in Thailand, the beef and pork processing operations of Cargill's Excel subsidiary, and the company's Financial Markets Group.
He earned a bachelor's degree in economics from the University of North Dakota. In addition to the Cargill board, he currently serves on the boards of directors of Carlson, Deere & Company and Eaton Corporation.
The Cargill Board of Directors also elected Emery N. Koenig as a vice chairman of the company.
Mr. Koenig continues to serve as Cargill's chief risk officer. Since joining Cargill in 1978, Mr. Koenig has worked in a variety of commodity trading and risk management roles in the United States and Switzerland. Mr. Koenig currently serves as chairman of Black River Asset Management, an independently managed subsidiary of Cargill.
He was elected to the Cargill Board of Directors in 2010. He also serves on the board of directors of The Mosaic Company, and is a director of CARE USA and the Catholic Community Foundation, and a trustee for Minnesota Public Radio. ■