David McDonald- The Man Behind OSI Group’s Success

OSI Group is one of the world’s largest providers for value-added protein food products including beef patties and sausages. The company is headquartered in Aurora, Illinois. However, it does have over 50 facilities in over seventeen countries across the globe. It is considered to be one of the best in its industry, localizing its products even when it is clearly a global company.

One of the reasons for the success of the OSI Group is the localization strategy that is utilized by the company. They understand that one size cannot fit all. Hence, they endeavor to customize their products to match the tastes and preferences of their different markets. They normally collaborate with clients, in order to develop products that are appealing to their taste buds. They also have to meet the regulatory demands of their specific countries of operations and also have to provide products that are in line with the cultural beliefs of their target markets.

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Thorough research has also gotten OSI this far. For example, out of their over 50 facilities, ten are based in China. Why? Because they have identified that the economy of China is growing. This means that their company is not only exposed to a large population, but to a population that is empowered economically. They want to ensure that their products grow to meet the growing demands of the upgrading consumers.

The great leadership of OSI Group also makes for one of the reasons why the company has maintained the position of one of the most influential companies in the food industry. Behind its steering wheel is one industry guru who goes by the name David McDonald OSI Group. He serves as the President and Chief Operations Officer of the Company.

David McDonald has been with the company since the year 1987. He joined the company after completing his Degree from the University of Iowa.

David McDonald started by working at the Chicago facility and steadily rose to the position of President of OSI. Today, he continues to grow OSI and also serves as the Chairman of the North American Meat Institute.

Learn more about David McDonald: http://www.fooddrink-magazine.com/sections/producers/1308-osi-group

A Look At Tony Petrello’s Role At Nabors Industries

Tony Petrello is the CEO, President, and Chairman of the Board of Nabors Industries. His leadership has led to Nabors Industries being the largest land-based oil, natural gas, and geothermal driller in the world. The company has operations around the world. Nabors Industries also sells drilling rigs and equipment to offshore drillers which they support with software and a fleet of 29 marine vessels.

Earlier in his career, Tony Petrello was a lawyer at the New York legal firm Baker & McKenzie. He worked at Baker & McKenzie for 12 years, serving as the Managing Partner for the last five of those years before joining Nabors Industries in 1991. He has been very successful leading Nabors Industries which has led to him being rewarded very well financially. In the fiscal year 2015, he earned a total compensation of about $27.664 million.

Tony Petrello has used some of his earnings in order to benefit others. After his daughter was born early, she was diagnosed with periventricular leukomalacia which is caused by a lack of oxygen to the brain. Eventually, she developed cerebral palsy due to this condition. As a response, Tony and his wife, Cynthia, have donated $7 million to the Jan and Dan Duncan Neurological Research Institute that is located at Texas Children’s Hospital, LLC in Houston, Texas. Mr. Petrello also serves as a Director of Texas Children’s Hospital and serves on its Board of Trustees.

Learn more about Tony Petrello: https://www.wsj.com/articles/SB10001424127887324392804578358772612205556