“Turnaround CEO” Michael MacDonald who led Xerox, OfficeMax, and Medifast asks: Do you have the courage to make tough decisions?
Ep. 89: Dick Vitale and Jim Valvano shaped this business icon. Michael spent 33 years climbing the ladder at Xerox before OfficeMax hired him as Executive Vice President where he led a $3.6 billion dollar division. In 2012, he was named Chairman and CEO of the nutrition and weight loss company, Medifast. Under his leadership, Medifast's stock rose from $4 to $218 per share.
I knew Michael would be the perfect guest after reading his book From the Bench to the Boardroom. In the promotions for the book, Duke’s Coach Mike Krzyzewski described him as persistent and determined even in his current role as a board member of the V Foundation.
Visit https://donyaeger.com/corporate-competitor-podcast/episode-89/ for a free gift and today’s show notes!
Special thanks to Lauren Hafner and Xinyi Yang for making this episode possible.
Information
- Show
- FrequencyUpdated Biweekly
- PublishedMarch 30, 2022 at 10:00 AM UTC
- Length38 min
- Season1
- Episode89
- RatingClean