David McDonald, OSI Group President

OSI Group is a privately-owned American holding company that specializes in meat processing and distribution. Founded in 1909 in Chicago, the company has grown from a mere holding company in Illinois, to globally-acclaimed company with over 50 facilities distributed in 17 countries.

David McDonald is the current President President and CEO of OSI Group. David McDonald graduated from the Iowa State University in 1987 with a Bachelor of Science. Upon David McDonald graduation, he joined the OSI Group as the President and CEO. Within a span of 30 years under his leadership, the company has expanded to many countries with China being one of the primary benefactors. The OSI Group expanded to China in the year 1992 when it started supplying McDonald’s with food products. The success of McDonald’s in China prompted the Chinese government to sign a pact with OSI.

Read more: OSI Group Acquires Dutch Company Baho Food.

Currently, OSI has a total of eight factories in China that produce and supply meat products. Apart from this, OSI is also setting up an extra two plants which will add the number of facilities in the country to 10. This will make the OSI Group the largest poultry distributor in the country.

In September 2012, OSI group started a major distribution plant in the province of Henan. The success of OSI Group in China cannot be sidelined. As a matter of fact, during the 2008 Beijing Olympics, OSI supplied over 113 tons of meat products such as beef, chicken, pork, and eggs to China. Thanks to the professionalism of the company under the guidance of David McDonald OSI Group, no form of complaints were filed against the company or the products supplied.

Poland is another country that OSI Group has launched production plants. In September 2012 the same year the company started a plant in Henan, OSI Group started a beef producing plant in Poland. The company also has facilities in Geneva and Hungary. In Hungary, the company added a high-producing plant with a proposed chicken production of 22,000 tons annually.

Apart from working with China, Hungary, Poland, and McDonald’s, the OSI Group is also a proud distributor of meat products to fast food companies such as Starbucks, Papa John’s, Burger King, Saizeriya, and Subway.

In 2016,thanks to David McDonald’s guidance, Forbes listed OSI Group as the 136th largest private company in the USA with an estimated annual revenue of $3 billion.

A Look Tony Petrello’s Highly Successful Career

Tony Petrello started out his career working at the New York law firm Baker & McKenzie where he specialized in corporate taxes. He was with this law firm from 1979 to 1991 and was the Managing Partner of the company for the last six years he was there. In 1991 he was hired by Nabors Industries, Ltd. as their Chief Operating Officer. He is now Nabor Industries Chairman of the Board, President, and Chief Executive Officer.

Under Mr. Petrello’s leadership, Nabor Industries has grown into the largest land-based drilling fleet in the world with 500 drilling rigs in 25 countries around the globe. They are also a leader in the shale-fracking industry. The company is organizationally run from its offices in Houston, Texas.

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In 2012 Tony Petrello was paid $68.2 million in compensation. In 2014 Nabors Industries changed its corporate governance and compensation bylaws. Due to this change, Mr. Petrello compensation dropped but he was still paid $27.7 million in 2015. While he has been with the company it has grown from one of the smaller players in the oil industry into one of the largest.

Tony and his wife, Cynthia, have a daughter that was born premature and was diagnosed with periventricular leukomalacia. This is a neurological condition that is caused by a lack of oxygen to the brain. Due to this condition, she has cerebral palsy which has symptoms that include development delays and impaired motor skills. As a result of this, the couple has themselves to helping children that suffer from cerebral palsy and research into therapies that can help with it.

Tony and Cynthia Petrello donated $5 million, and have a commitment for another $2 million, to the Jan and Dan Duncan Neurological Research Institute. This institute is located at the Texas Children’s Hospital in Houston, Texas. Additionally, Tony serves on the Texas Children’s Hospital Board of Trustees as a member. He has said that there are institutions that are focused on neurological conditions of adults but before the institute at Texas Children’s Hospital there was nothing to be found for children.