Cargill is the largest privately held corporation in the US in terms of revenue
Bangladeshi-American Dr Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the board of directors of Cargill, one of the world's top producers and distributors of agricultural products such as sugar, refined oil, cotton, chocolate and salt.
"Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. Omar has a strong record of building diverse and inclusive workplace cultures and driving partnerships in worldwide markets, most notably in Asia. This combination of proven people, operational and market leadership makes him a valuable addition to our board," said David MacLennan, Cargill's chairman and CEO.
Dr Ishrak joined Medtronic as its CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound.
In January 2020, Ishrak was named independent chairman of the board of Intel. He also currently serves on the board of directors of the Cleveland Clinic. He is a member of the board of trustees of Minnesota Public Radio as well as the Asia Society, the leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders and institutions of Asia and the United States.
Ishrak grew up in Bangladesh. He earned a bachelor of science degree and a PhD in electrical engineering from the University of London, King's College.
Cargill employs 155,000 people across 70 countries, and is the largest privately held corporation in the United States in terms of revenue. It claims to “combine 155 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers”.