logo
Share SHARE
FONT-SIZE Plus   Neg

McDonald's Names Tim Fenton COO - Quick Facts

McDonald's Corp. (MCD) 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
Luxury coat maker Canada Goose Inc. Is reportedly planning for an initial public offering or IPO within next three months. The Toronto based winter-apparel maker aims for a valuation of up to $2 billion and to raise up to $300 million through IPO. France-based optical-lens maker Essilor International SA (EL), Delfin and Ray-Ban maker Luxottica Group (LUX) Monday announced their plan to merge in a deal valued around $49 billion. Essilor would become a holding company with the new name "EssilorLuxottic." Uncertainty has become the name of the game, as the new president is set to assume office. Groundwork is being done for major policy overhauls, with the first step towards repealing the Obamacare taken, as Senators voted 51-48 to approve a budget resolution for achieving the same. The House is set to...
comments powered by Disqus
Follow RTT