David W. MacLennan has been the Chief Executive Officer and President of Cargill, Incorporated since December 1, 2013 and June 2011 respectively. Mr. MacLennan serves as President and Chief Operating Officer of Cargill Meats Thailand Limited and Cargill Australia Limited. Mr. MacLennan serves as the President and Chief Operating Officer of Cargill AgrÃcola S.A.
Cargill, Incorporated, is an American privately held, multinational corporation based in Minnetonka, Minnesota, a Minneapolis suburb. Founded in 1865, it is now the largest privately held corporation in the United States in terms of revenue.[2]
Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel and transport; the raising of livestock and production of feed; producing food ingredients such as starch and glucose syrup, vegetable oils and fats for application in processed foods and industrial use. Cargill also operates a large financial services arm, which manages financial risks in the commodity markets for the company. In 2003, it split off a portion of its financial operations into a hedge fund called Black River Asset Management, with about $10 billion of assets and liabilities.[4] It owned 2/3 of the shares of The Mosaic Company (sold off in 2011), one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients.
