Cargill Elects David MacLennan as Next Chairman

Cargill’s board of directors has elected the company’s current president and chief executive officer, David MacLennan, to be its new chairman of the board – a position he will hold in addition to his currently held positions.

MacLennan, who earned a bachelor ‘s degree from Amherst College and a master’s of business administration from University of Chicago, has been with Cargill since 1991 and has fulfilled multiple leadership roles with the company in its risk management, financial, energy and animal protein businesses in the U.S., London and Geneva. In 2000 Mr. MacLennan left

Cargill to assume the role of president of Fixed Income Capital Market at U.S. Bancorp Piper Jaffray, but returned to the company in 2002. In 2008 Mr. MacLennan was elected to Cargill’s board of directors and appointed the company’s chief financial officer. In 2011, he was elected Cargill’s president and chief operating officer, and in 2013, he was elected its chief executive officer.