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"That is the sacred trust that we have with our employees, that there will not be any layoffs. And it's been satisfied through growth. You know if you have surplus people for a short period of time, you can always accommodate them."

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Biography: Mackey J. McDonald

Episode 503:
BIGGER BANG FOR THE BUCK:
Bringing Value to Middle America


Featured Guest:
Mackey J. McDonald, Chairman & CEO
VF Corporation

Mr. McDonald's Video Clip
view  video

Mackey J. McDonald is the Chairman and CEO of VF Corporation (NYSE: VFC), a world leader in branded apparel with $6 billion in sales. Headquartered in Greensboro, North Carolina, VF is the parent company of well-known brands such as Lee®, Wrangler®, Vanity Fair®, JanSport®, Nautica®, The North Face® and Vans®.

McDonald was named Chairman in October 1998. He has held the title of CEO since January 1996 and the title of president from 1993 to 2006. Under his leadership, VF Corporation has expanded its operations worldwide, building a portfolio of growing lifestyle brands sold in the U.S., Europe, South America and Asia.

McDonald's career at VF began in 1983 when he joined the company's Lee division as Assistant Vice President, merchandising services. From 1986 to 1991, he held the successive positions of Executive Vice President and President of Wrangler. In 1991, McDonald was named VF Group Vice President, responsible for the company's Lee, Wrangler, JanSport and Healthtex divisions.

McDonald holds a B.A. degree from Davidson College and a M.B.A. in Marketing Management from Georgia State University. Prior to obtaining his M.B.A., McDonald was a pilot in the United States Army, where he flew observation missions in Vietnam, completing his tour of duty at Fort McPherson, Georgia.

McDonald currently serves on the boards of Tyco International Ltd., Wachovia Corporation and Hershey Foods. He also is a member of the RILA (Retail Industry Leader's Association) the Executive Committee of the Greensboro Partnership, and the Chairman of the Economic Development Committee, Action Greensboro.

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