Iowa State University was the site of the educational event for swine producers known as Swine Day. A crowd of more than 400 poured into the college’s Scheman building to take advantage of the opportunity to receive instruction from a variety of prominent speakers in the industry. One speaker that made a great impression on attendees was David McDonald of OSI Group who spoke regarding the future of the global food industry. Mr. McDonald is also a member of the North American Meat Institute’s board of directors and has a unique perspective on the various factors that influence the world’s consumption of meat.
David McDonald experienced a life as a child that was a study of the supply chain side of food processing while growing up on his family’s farm in Northeast Iowa. Once finished with high school, McDonald attending Iowa State University where he completed the requirements to attain a bachelor’s degree in animal science. His stellar performance while a senior at the college earned McDonald the Outstanding Senior Award named in honor of Wallace E. Barron.David McDonald is the president and chief operating officer of OSI Group, a company that in many ways has set the standard for success for privately held companies in the United States. He has been directly credit with a number of significant moves made by the company.
David McDonald played an instrumental role in the expansion of OSI Group into the country of China and was an integral part of the process that led to the company’s acquisition of Baho Foods. He has proven to possess a particular expertise in the logistics of food production and understands the inner workings of government agencies, dealings with local suppliers, and doing retail business in a number of international jurisdictions.McDonald explains that the team at OSI Group has always possessed a tremendous appetite for growth. and this was evident to him from the time he joined the company 30 years ago. He says that the company’s desire for constant growth and improvement is a core component of the company culture. He also explains that the OSI team from the beginning has always held the idea to one day become truly global as a main company goal.
Angel investors are successful businesspeople providing capital to early stage ventures. The seed money granted to such start-ups is mostly an investment for profit, but for many angels it is an endorsement of cause. Ara Chackerian is one such angel. A noted philanthropist and master businessman, Ara Chackerian has a passion for reinventing healthcare, and he is putting his money where is passion is. Over the past two decades Chackerian, Managing Partner for ASC Captial Holdings, has co-founded numerous healthcare companies. Each company at the forefront of innovation, and dedicated to changing the way the U.S. does healthcare.
At present Chackerian is the co-founder and board member for TMS Health Solutions, a company focuses on mental health in the area of resistant depression. Before TMS Ara co-founded BMC Diagnostics, a current leader in diagnostic imaging services, and PipelineRx, a Telepharmacy service with national reach. TMS is his newest venture and passion: raising awareness and providing treatment for mental health issues. Visit arachackerian.com
Chackerian is one of many entrepreneurs fascinated with improving healthcare. From age-prevention, to increasing provision, or heralding a medical cause many businesspeople are doing their part to fund the future of healthcare. TMS is a pioneer for transcranial magnetic stimulation, a revolutionary treatment with the potential to cure a laundry list of mental diseases. At present the treatment is being used patients suffering from resistant depression. Chackerian first became aware of the treatment in a chance meeting with Dr. Richard Bermudas, who had been an advocate of TMS since its FDA approval.
Like many start-ups TMS was floundering in structural restraints. Limited coverage from insurance, hiring difficulties, problems with retaining staff, and difficulty hiring quality technicians were plaguing the company. Ara immediately stepped in and became their angel, conviced that the treatment could potentially help thousands. His decision primarily based on Dr. Bermudas.
Angel investors like Ara Chackerian will be the primary force that drives healthcare into the future. By taking chances in what they believe in, they give others the opportunity to pass restrictions. For investors like Chackerian it is not about profit, but a belief in people, and when that belief pays off healthcare in the U.S. will be the better for it. You can visit arachackerian.com