Starting out as an intern to Sheldon Lavin, David McDonald is currently OSI Industries’ Chief Operating Officer and President. McDonald grew up in northeast Iowa and graduated from Iowa State University, earning a bachelor’s degree in animal science. While still committed to the Iowa State community, he acts holds a leadership role at one of the largest companies in the United States, and a global leader in the food industry.
OSI Industries has more than 20,000 employees and over 65 facilities in 17 countries. It was listed as the number 58 largest private company in the United States by Forbes in 2016, and has a net worth of $6.1 billion. The company was founded in 1909, and despite having a legacy of more than 100 years, OSI Industries have not been resting on their accolades, and has been expanding aggressively in the last decade.
By the time David McDonald joined OSI was expanding, and he was able to witness the company expand its global reach. In the 1980s and 1990s, OSI expanded with a number of joint ventures with companies from South America, Central America, the Pacific Rim, and Europe. The joint venture with K&K Foods of Taiwan resulted in the establishment of the Asia-Pacific division, the same year McDonald was hired.
He notes that 30 years ago when he joined the company, OSI Industries had an appetite for growth that remains to this day. He also stated that the company’s vision has not changed much throughout the year, but OSI relentless push to deliver more and improve drives the company’s growth.
McDonald played an important role in the acquisition of Baho Foods and Flagship Europe. Baho Foods is a Dutch company that produces deli meats and snacks, and the acquisition helps OSI Industries expand its services in the Netherlands and Germany, as well as other countries where Baho has presence. Flagship Europe, currently known as Creative Foods Europe, is a supplier of bespoke products.
The purchase of Flagship Europe and Baho Foods are key moments in OSI’s long-term growth plan. The company is continuing to branch out, expanding the list of products that they offer, besides their traditional meat-protein products. In 2012 a new facility was opened in Illinois that specializes in frozen entrée products, and in 2014 a plant in California was opened, producing beans, tofu products, and salsa. The company also has an OSI facility in Mandanapalle, India that produces frozen vegetables.