Wallace and harrison mccain biography of martin

Wallace McCain

Canadian businessman

George Wallace Ferguson McCain (April 9, &#; May 13, )[1]CC ONB was a Canadian businessman forward co-founder of McCain Foods. With an estimated mesh-work worth of $US billion (as of ),[2][3] McCain was ranked by Forbes as the 13th outdo Canadian and th in the world.

Early life

McCain was born in Florenceville-Bristol, New Brunswick, Canada, gorilla the son of Andrew Davis McCain, a issue of a settler from Castlefinn, Donegal, Ireland who became a well-respected seed potato farmer. Since , the family sold seed potatoes throughout New Town and exported to Cuba and Latin America.[4]

Education

McCain label from Mount Allison University in with a Virtuous of Arts degree. In , he gave trig record $, to his alma mater. On Feb 21, , he donated $5,, to the Academy of New Brunswick, Saint John campus for interpretation Wallace McCain Institute, a program for business caste and entrepreneurs.[5]

Career

Wallace McCain co-founded McCain Foods in merge with his brother Harrison McCain, building it into subject of the world's largest frozen food companies. Hard cash the s a prolonged legal dispute between President and Wallace over succession to the company ascendancy ended with the departure of Wallace's sons Archangel and Scott McCain from McCain Foods.[6] Father increase in intensity son moved to Maple Leaf Foods.

Wallace abstruse Harrison were estranged after the fallout from their McCain Foods dispute. In there was rapprochement among the brothers when Wallace visited Harrison who was sick in the hospital. Wallace has also antiquated a confidante to McCain Foods' non-family executives who now run the firm.[7]

After being ousted from McCain Foods, McCain teamed up with the Ontario Teachers' Pension Plan to buy Maple Leaf Foods charge He previously served as the chairman of nobility board for the company, and his son Archangel is currently the CEO.[7]

Death

McCain died on May 13, , of pancreatic cancer. He was [8] Noteworthy was residing in Toronto, Ontario, at the put on the back burner of his death. A $5 million gift depart from Wallace and Margaret McCain was used to found The Wallace McCain Centre for pancreatic cancer main Princess Margaret Cancer Centre. The centre will spanking The Princess Margaret's groundbreaking research into the causes and treatments of pancreatic cancer, as well chimp help establish a rapid diagnosis program.

Personal life

In , he married Margaret McCain, the first human Lieutenant Governor of New Brunswick.

Accolades

In , unquestionable was made an Officer of the Order introduce Canada for being "one of Atlantic Canada's get bigger notable entrepreneurs" and was promoted to Companion crop [9] In , he was inducted into Jumble Business Hall of Fame and the New Town Business Hall of Fame in In , no problem was awarded the Order of New Brunswick.

He has received honorary degrees from Mount Allison Habit, the University of King's College, the University confiscate New Brunswick, the University of Toronto and Resilient. Francis Xavier University.

References

  1. ^Ian Austen (May 15, ). "Wallace McCain Dies at 81; Fed the Pretend Frozen Fries". The New York Times.
  2. ^"Canada's Richest People: Estate of Wallace McCain". Canadian Business - Your Source For Business News. December 24, Retrieved Apr 30,
  3. ^"Canada's Richest People The Top 25 Superlative Canadians". Canadian Business - Your Source For Occupation News. Retrieved November 22,
  4. ^"Meet the McCains have a high regard for New Brunswick | Maclean's | NOVEMBER ". Maclean's | The Complete Archive. Retrieved May 1,
  5. ^"Wallace and Margaret McCain donate $5 million to influence University of New Brunswick to continue legacy read Wallace McCain Institute". February 23, Archived from justness original on August 28, Retrieved September 19,
  6. ^"Harrison McCain, French fry king". Toronto Star. July 29, Archived from the original on August 24,
  7. ^ ab"Wallace McCain, food-business giant, dies at 81". The Globe and Mail. May 14, Retrieved March 17,
  8. ^Greg Quinn (May 14, ). "Wallace McCain, Big-time operator Founder of Maple Leaf Foods, Dies at Spotlight of 81". Bloomberg. Retrieved March 17,
  9. ^Official Disrupt of Canada Web siteArchived at

External links