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... his career also includes time at foodservice company brakes and maple leaf foods

... wallace mccain, chairman of canadian food group maple leaf foods, and co-founder of frozen chip maker mccain foods, has died at the age of 81 ... his death was announced by maple leaf’s board, which is yet to appoint his successor ... “his incredible success in business was always balanced with the importance of family and community,” said michael mccain, ceo of maple leaf foods and wallace’s son ... ” mccain and his sons acquired maple leaf foods in 2005 along with the ontario teachers’ pension plan ... “wallace made an indelible impact on maple leaf foods, our country and the food industry globally,” purdy crawford, lead director of the maple leaf foods board of directors, said in a company statement

... co-founder of mccain foods and chairman of maple leaf foods wallace mccain has passed away at the age of 81 following a 14-month struggle with pancreatic cancer ... mccain foods and maple leaf foods both issued statements expressing their sadness at the news ... \" lead director of the maple leaf foods board of directors purdy crawford said: \"wallace made an indelible impact on maple leaf foods, our country and the food industry globally

... co-founder of mccain foods and chairman of maple leaf foods wallace mccain has passed away at the age of 81 following a 14-month struggle with pancreatic cancer ... mccain foods and maple leaf foods both issued statements expressing their sadness at the news ... \" lead director of the maple leaf foods board of directors purdy crawford said: \"wallace made an indelible impact on maple leaf foods, our country and the food industry globally

... canadian food group maple leaf foods has booked a 47% drop in first-quarter profits, which were dented by restructuring costs and lower sales after recent disposals ... maple leaf's meat products business booked a 7% drop in sales, primarily due to the sale of the company's burlington pork processing business ... in bakery, maple leaf saw sales dip 2% following the sale of its fresh sandwich unit in february ... overall, this was another strong quarter of performance," michael mccain, chief executive with maple leaf, said

... further benefits include a clean flavour profile, cost of use, and temperature abuse, as well as being in tune with market trends such as sodium reduction and a natural-versus-chemical base, she added new legislation griffith said it believed the ingredient could help processors meet the challenges of canada’s new safety legislation – due to be introduced at the beginning of april in the aftermath of the maple leaf listeria outbreak in 2008 which killed 21 people

... originally developed as a cancer treatment, theralase realised the technology had food safety potential in the wake of the listeria contamination of maple leaf products that killed 21 during a nationwide outbreak in canada in 2008

... activist hedge fund west face capital has called for a shareholder meeting to pressure maple leaf foods to improve corporate governance at the canadian food group ... west face, which holds a 10% stake in maple leaf, has called for investors to meet to vote on five resolutions put forward by the fund that, it believes, will address "serious investor concerns" over board independence and corporate governance at the food maker ... "the deficiencies of maple leaf in critical areas such as board independence and corporate governance are well known to its shareholders and the investment community at large," said thomas dea, a west face partner ... "after being rebuffed on several occasions when we have raised these concerns with management and the board of directors, we have concluded that the board needs to hear a strong message from shareholders that the independence and governance practices of maple leaf do not satisfy their expectations or today's standards of good corporate governance ... " the move from west face is the latest sign of investor unease at the strategy being pursued at bakery-to-processed meats group maple leaf ... 2% stake in maple leaf ... the fund had been a shareholder in maple leaf since the mccain family bought the business in 1995 but, this year, there had been suggestions of growing discord between the two sides over the company's strategy ... in august, teachers reduced its stake in maple leaf from 36 ... at the time, teachers said its "current intention was to work with [maple leaf] to maximise the value of our investment" ... two months later, maple leaf president and ceo michael mccain outlined a five-year plan to make the company more efficient ... west face's resolutions call for a reduction in the size of maple leaf's board to nine directors and push for at least two-thirds of directors be independent ... west face also wants the board's committees to be composed of only the independent directors and has put forward a resolution that investors can, at each annual shareholders meeting, consider maple leaf's approach to executive pay

... maple leaf foods has criticised key investor west face capital after the activist hedge fund called for the canadian food group to improve its corporate governance ... west face, which owns around 10% of maple leaf, has demanded that the bakery-to-deli meats business hold a special meeting to allow shareholders to vote on a series of resolutions the fund has put forward ... in its request for the special meeting, west face claimed maple leaf has "deficiencies" in "board independence and corporate governance" ... the demands include a reduction in the size of maple leaf's board and urge for at least two-thirds of the company's directors to be independent ... the move from west face is the latest sign of investor unease at maple leaf and come just weeks after another shareholder, the ontario teachers pension plan, said it would sell its 25 ... in a statement responding to west face's demands, maple leaf said it had already started a review of its corporate governance and said the fund had launched a "costly and unnecessary process" ... "maple leaf foods has an outstanding board, is recognized for the strength of its corporate governance which is dominated by some of canada's leading independent directors and has always been committed to continuous improvement," said james hankinson, chairman of the corporate governance committee of the maple leaf board ... " hankinson added: ""today's statement by west face and its decision to launch what we believe is a costly, and unnecessary process, knowing full well the board was already commissioning such a review including soliciting their input, is unproductive and contrary to the best interest of maple leaf foods and its shareholders ... " maple leaf said it would review west face's demands and "provide further comment in due course"

... canadian food safety officials said “ considerable progress” has been made in overhauling the country’s food safety systems in the wake of the maple leaf listeria outbreak that killed 23 in 2008 ... industry response maple leaf’s food safety chief, dr randy huffman broadly welcomed the progress report, declaring the extra inspection cash to be “key”, as well as recognising the work underway to provide a national surveillance and analysis network