Cargill CEO David MacLennan Succeeds Greg Page as Chairman
- Board backs CEO after first quarterly loss in 14 years
- Page to remain on Cargill board as executive director
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Cargill Inc.’s board elected Chief Executive Officer David MacLennan as its chairman, a month after the commodity producer and trader reported its first quarterly loss in 14 years.
MacLennan, 56, succeeds Greg Page, the previous CEO of the company, who will remain on the board as an executive director, Minneapolis-based Cargill said in a statement Thursday.