Glenn Laken

David McDonald Expands OSI Group’s Global Presence

David McDonald is the President and CEO of the OSI Group based out of the Greater Chicago, IL area. The OSI Group has been in business for over a century and has become a top supplier of meat on a national as well as a global scale. The OSI Group began as a small local meat market on Chicago’s west side neighborhood of Oak Park in 1909. Founded by German immigrant Otto Kolschowsky, the company was renamed Otto & Sons and over the years through growth and expansion it became the OSI Group.

Since teaming up with Ray Kroc in 1955 to become the primary meat supplier for the McDonald’s Corporation, the company has made adjustments to fill the greater demand that fast-food chains and global sales require. Under the leadership of David McDonald, the OSI Group has been able to grow and change with the times.

Having been with the company for over 30 years, David McDonald understands the company culture well. He started as a project manager and has earned his way to the top rung of the ladder as President and CEO of the OSI Group. David received his degree in Animal Science from Iowa State University and has enjoyed implementing what he learned into achieving the OSI Group’s vision of complete customer satisfaction.

David McDonald has been an instrumental force in leading the OSI Group into the global economy. Under his tenure as President, the company has established a presence in China with 10 poultry facilities, in the U.K. through the acquisition of Flagship Europe and the purchase of Baho Foods has allowed them to enter the Dutch market. In the United States the company purchased a former Tyson production facility to further enable wider distribution within the nation’s borders.

Because of David McDonald and his ability to adapt to the changes in the global business economy the OSI Group has thrived and benefited not only its employees but also has helped the communities in which they have become a part of. By respecting the societal culture he has grown the business and strengthened human bonds.

For details:

Finally, answers to the question, who is Wes Edens?

Make an acquaintance with the proficient American businessman, hedge fund manager, and private equity investor Wes Edens. He was born in 1961, resides in New York, and is married to Lynn Edens and together they have four children. Among his hobbies are mountain climbing and horse jumping. He is a co-founder of Fortress Investment Group, an investment management company located in New York City.

Wes Edens is also the Chairman and CEO of Newcastle Investment Holdings LLC. He also serves as the Chairman of many companies, to mention a few, Drive Shank Inc., Springleaf Financial Services, Mapeley Limited and Nationstar Mortgage. Not to forget, he is a Trustee at US Ski and Snowboard Team Foundation. He is also the co-owner of a National Basketball Association franchise, the Milwaukee Bucks, located in Milwaukee, Wisconsin. Also, he owns FlyQuest, a League of Legends eSport team located in the US.

He went to school at Oregon State University, and he holds a Bachelors of Science degree in Finance. In 1987, the start of his career, he was working as a partner and managing director at Lehman Brothers. After that, he worked at BlackRock in their private equity department where he also made partner and managing director. From BlackRock, he went to Fortress Investment Group in 1998 where he was among the five principal partners and at one point the Chairman of Fortress Transportation and Infrastructure Investors.

In 2006, Nomura Holdings, a Japanese based financial holding firm gained 15% of Fortress for a whopping $888 million, and the earnings went to Fortress’ five principals, making Wes Edens and the other four partners paper billionaires. In 2008 he was number 962 in the Forbes world’s billionaires list. He helped Fortress make a comeback, after its stock value plummeted, through providing subprime lending. Fortress employees say that the company is a good place to work in, with a rewarding environment.

He has a take-home pay of $54 million per year. He gets a yearly total compensation at Fortress Investment Group of well over $13 million and around $41 million in dividends he acquired as a shareholder. Fortress Investment Group outlines to the US Securities and Exchange Commission list that Wes Edens’ total remuneration is from the summation of his $200,000 pay, about $1.1 million in stock compensation, a bonus of $11.6 million, and about $478,000 in other remunerations.

Wes Edens’s Social Media:

David McDonald’s Education and Work Background

David McDonald took a Bachelor’s of Science degree majoring in Animal Science from Iowa State University. He graduated in 1987. David McDonald joined OSI Group, and through the years he got promoted higher because of his will to succeed, hard work and determination. David McDonald is currently the president and Chief Operating Officer (COO) of OSI Group LLC (a privately owned global food processor). OSI Group provides food facilities and retail to other food service businesses globally. OSI has a worldwide network as it has branches in about seventeen countries with more than sixty-five amenities and over twenty thousand workers. These employees focus on ensuring customer satisfaction in getting food products that are of high quality customized for OSI customers’ needs. He has been the president of OSI for 30 years since 1987. He commits to the success of OSI Group and works efficiently with all his employees to provide the best in the food sector. His OSI Group teamed up with OSI China to supply food products throughout the Beijing Olympic Games in 2008. The assorted food products included beef, eggs, pork, chicken and dehydrated onions. This act improved McDonald’s record on providing perfect services.

How David McDonald Is Improving OSI Group’s Sustainability

A report released by OSI in 2016 on Global Sustainability showed a complete progress on social and environmental responsibility and supply chain during 2016 and 2017. The report outlined the company’s goals and vision 2020 inclusive of a 10% water intensity and energy reduction. Food donations of more than a hundred metric tons were given to Americans by OSI North America. Over twenty-five metric tons of food was donated by GenOSI to feed the homeless in the Philippines. All OSI amenities in Europe have an ISO certification number ISO14001.

David McDonald’s Say Concerning the Acquisition Of Baho Food

David, the COO of OSI Group, says acquiring Baho Food will enable OSI Group to increase its market presence in Europe and improve how they serve dynamic customer needs. Baho is a company that produces deli meats, foods, and snacks in the food industry and retail service in Dutch.

Learn More: