Title CEO & President
Start Date 1978-00-00
End Date 1991-00-00
Is Current no
Percent Stake 100%
Notes The McLane Company, founded in 1894 by Robert McLane, had reached $176 million in sales when Drayton Sr., "passed the torch" of leadership and vision to his son. In 1991, Mr. McLane and his "family" of shareholders ceded to the long and increasingly attractive overtures by family friend and American business icon Sam Walton; the McLane Company was purchased by Wal-Mart Stores, the world's largest retail company. Soon thereafter, while remaining a vice-chairman of Wal-Mart and Chairman of McLane Company, Drayton formed the McLane Group with a long-loyal dynamic team of senior executives. Following the group's acquisition of the Houston Astros Baseball Club
Updated over 14 years ago

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