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Entrepreneurial Professionalism

Michael H. McCain Chief Executive Officer Maple Leaf Foods

January 6th, 2010

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In 2007…

Wallace & Harrison McCain Voted Greatest Canadian Entrepreneur of All Time

Opened First Plant in 1957 $100,000 Capital

Today 57 Factories; >20,000 Employees

>$6 Billion Revenue 1 in 3 Frozen French Fries Globally

Plus Maple Leaf Foods

No New Capital

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Historical Evolution

Building McCain

1957-1990

Family Conflict

1990-1995

Maple Leaf Story

1995 - Current

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They Did A Lot Right…

  Focus on profitable growth

  Single-mindedness of purpose

  Hard work and passion

  Dedicated to success of the business first

  Perseverance

  Broke through the entrepreneurial glass ceiling

  Culture of Entrepreneurial Professionalism

  Great people

  Hands all over; managerial excellence

  Systems and disciplines

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Did A Few Things Not So Well…

  Strategic planning

  Human capital development

  Business governance

  Family & business mix

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In 1995…

Maple Leaf Foods Acquired From The Edge of Demise

Public Company; Not Family Business 32% MCC/35% OTPP

>30 Acquisitions; Industry Roll Up

Today 91 Factories; >23,000 Employees

>$5 Billion Revenue Protein & Bakery

Evolution Of Development Cascading Obstacles/Crisis of 2008

Still Entrepreneurially Professional

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Entrepreneurial Professionalism

Michael H. McCain Chief Executive Officer Maple Leaf Foods

January 6th, 2010