LeaderPortfolio
McCain
Michael McCain
Rank #3065
CAfood-beveragepackaged meats

Michael McCain

Net Worth
$1.1B
% (24h)
Michael Harrison McCain (born November 13, 1958) is a prominent Canadian business executive, currently serving as the Executive Chair of Maple Leaf Foods. With a net worth of $1.1 billion, McCain's wealth stems from his leadership in the packaged meats industry. His career began at McCain Foods in 1979, followed by executive roles and eventually becoming CEO of Maple Leaf Foods in 1999. Under his leadership, Maple Leaf Foods transformed into a leading sustainable protein company. McCain is also recognized for his contributions to philanthropy and stakeholder capitalism.

The Full Dossier

Early Life

Michael Harrison McCain was born on November 13, 1958, in Florenceville-Bristol, New Brunswick, Canada. He is the son of Wallace McCain, co-founder of McCain Foods, and Margaret McCain, a philanthropist. McCain attended Mount Allison University and received an Honours Business Administration degree from the University of Western Ontario.

Rise to Success

McCain's career in the food industry began in 1979 when he joined the sales department of McCain Foods. He rose through the ranks, becoming the president of McCain Citrus Incorporated in 1986 and later the president and CEO of McCain Foods USA Incorporated in 1990. In April 1995, McCain joined Maple Leaf Foods as president and COO, eventually becoming CEO in 1999 and Executive Chairman in May 2022.

Key Business Strategies

McCain has been instrumental in transforming Maple Leaf Foods into a leading food processor and exporter. He is known for his values-based leadership style and his commitment to sustainable food production. Under his leadership, Maple Leaf Foods became the world's first major carbon-neutral food company. He led the establishment of the Maple Leaf Centre for Food Security, a non-profit organization dedicated to addressing food insecurity in Canada.

Philanthropy

Michael McCain is involved in various philanthropic endeavors. He is the honorary chairman of the Maple Leaf Centre for Food Security. In 2019, he enabled the University of Toronto and Princess Margaret Cancer Centre to launch the McCain Centre for Urological Innovation and Education with a gift of $10 million.

Career Timeline

2022

Executive Chairman of Maple Leaf Foods

Assumed the role of Executive Chairman.

1999

CEO of Maple Leaf Foods

Took over as CEO of the company.

1995

Joined Maple Leaf Foods

Became President and COO.

1990

President and CEO of McCain Foods USA Incorporated

Appointed to lead the US division.

1986

President of McCain Citrus Incorporated

Assumed the role of president.

1979

Joined McCain Foods

Began in the sales department and rose to management.

Philanthropic Impact

Food SecurityUndisclosed

Maple Leaf Centre for Food Security

Non-profit organization addressing food insecurity in Canada.

Healthcare$10M

McCain Centre for Urological Innovation and Education

Launched at the University of Toronto and Princess Margaret Cancer Centre.

Wealth Trajectory