Maple Leaf Foods Announces Phased Leadership Transition
Maple Leaf Foods Inc. lastweek announced that it is moving forward with implementation of a phased leadership transition plan for the board and management. Michael McCain has been appointed as executive chair of the board and will continue as CEO for the next year as part of the management transition plan which will have Curtis Frank, currently the president and COO, step into the CEO role by the spring of 2023.
Maple Leaf Foods also announced that Geoff Beattie, who has served on the board of Maple Leaf Foods since 2008, and as chair of the board since 2019, is stepping down as chair and has been appointed as independent lead director. He will continue to provide strong leadership for the independent directors.
Under the leadership of McCain, Maple Leaf Foods has achieved an enduring and sustainable position as an iconic Canadian Company. Acquired in 1995, the company has been transformed from an underperforming collection of diverse business activities into a focused, world leader in sustainable food production delivering enduring, superior value for all stakeholders.