The WSJ describes McDonald's as "a company long known for preferring
internal candidates" ... well, history tells us that's not entirely true.
When McDonald's has a CEO who lacks an operations background, such as
Greenberg or Easterbrook, the CEO tries to flush the top management people
who have "ketchup in their veins" and bring in people who know nothing about
running a McDonald's or the McDonald's culture.
Anyone remember Alan Feldman?
McDonald's appoints strategy chief - Marketwatch