March 20, 2014

McDonald's COO Retiring

Tim Fenton leaving after 41 years.
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2 comments:

Richard Adams said...

The company will not replace Fenton in the COO title. Instead it elected CFO Peter Bensen and Global Chief Brand Officer Steve Easterbrook executive vice presidents and expanded responsibilities for each of them. Bensen will assume oversight for worldwide supply chain, development and franchising. Easterbrook will take on oversight for the Restaurant Solutions Group; corporate strategy; and the Global CSR [corporate social responsibility], Sustainability and Philanthropy department.
(From - burgerbusiness.com)

Richard Adams said...

Great – One of the few decision makers left in McDonald’s with real restaurant experience is being replaced by two guys with no real restaurant experience. The attrition continues.