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Business Ethics & Leadership

Drayton McLane, Jr.

Business Ethics & Leadership

After receiving degrees from Baylor University and Michigan State University, Drayton McLane began working in the family business, which was opened in 1894 by his grandfather and sustained by the leadership of his father in 1921. Following the McLane Company's merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with the McLane Company. He later resigned from Wal-Mart to focus on the McLane Group, a parent company consisting of family-owned companies operating throughout the world, which until November 2011 included the Houston Astros, for which he served as chairman and CEO.

McLane currently serves as chairman of Texas Central Partners. He also serves on several boards, including Baylor Scott & White Healthcare, the George H. W. Bush Presidential Library Foundation, Baylor College of Medicine, M.D. Anderson University Cancer Foundation and more. He and his wife, Elizabeth, reside in Temple, Texas. They have two sons and five grandsons. They are active members of First Baptist Church of Belton, where he is a deacon.

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