logo
Share SHARE
FONT-SIZE Plus   Neg

McDonald's Names Tim Fenton COO - Quick Facts

McDonald's Corp. (MCD: Quote) Monday said it appointed Tim Fenton, currently President of McDonald's Asia, Pacific, Middle East and Africa, as Chief Operating Officer, effective July 1, 2012.

Fenton, 54, was elected by the McDonald's Board upon the recommendation of Chief Executive Jim Skinner and CEO-Elect Don Thompson.

As previously announced, current COO Thompson will become President and Chief Executive Officer on July 1, 2012, following the retirement of Jim Skinner.

"Tim is one of our most seasoned global leaders and has done a remarkable job growing our international business," said Skinner. "He has extensive experience, knowledge and passion for our brand and has been an integral part of McDonald's global success."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Warren Buffett's Berkshire Hathaway is reportedly planning its first ever European bond sale of 3 billion euros to take advantage of low interest rates in the region, traversing a path taken by a range of home companies in search of cheap funding options. The move comes as the European Central Bank's bond-buying stimulus program of 60 billion euros a month is imminent. Diary products company Prairie Farms is teaming up with Just Born, the maker of marshmallow candies PEEPS, to launch PEEPS flavored milk just in time for Easter. HKBN Ltd. has reportedly raised about $750 million after the broadband service provider priced its initial public offering at the top end of the price range. Private-equity group CVC Capital Partners, an unit of Carlyle Group L.P. (CG), Singapore's sovereign-wealth fund GIC Ltd., and other shareholders...
comments powered by Disqus
RELATED NEWS
Trade MCD now with 
Follow RTT