Mackey J. McDonald served as the Chairman and CEO of V.F. Corporation from 2000 until his retirement in 2008. With a background in business administration, he focused his career on management in the apparel industry. Notably, during his tenure at...
Mackey J. McDonald served as the Chairman and CEO of V.F. Corporation from 2000 until his retirement in 2008. With a background in business administration, he focused his career on management in the apparel industry. Notably, during his tenure at V.F. Corporation, he adapted the company's executive compensation plans to ensure they were aligned with company performance, aiming to attract top talent. McDonald significantly impacted the company, implementing strategies that significantly increased earnings and revenues. After stepping down, he remained involved as executive chairman, showcasing his commitment to the company's success even post-retirement. An interesting tidbit: McDonald initiated a change to his severance agreement to reduce his potential tax burden on large payouts when a change in control occurred, indicating a thoughtful approach to financial management. His leadership principles and decisions have left a lasting mark on V.F. Corporation, making it a prominent name in the industry.