McDonald's (MCD) Names APMEA President Fenton as Operating Cheif
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McDonald's (NYSE: MCD) announced that Tim Fenton, currently President of McDonald's Asia, Pacific, Middle East and Africa (APMEA) and 39-year veteran with the Company, has been elected to the role of Chief Operating Officer, with responsibility for the company's more than 33,500 restaurants worldwide. Fenton will assume his new role effective July 1, 2012.
Fenton, 54, was elected by the McDonald's Board of Directors today upon the recommendation of Skinner and CEO-Elect Don Thompson. As announced last month, current COO Thompson will become President and Chief Executive Officer on July 1, 2012, following the retirement of Skinner. Fenton will continue to report to Thompson.
Fenton, 54, was elected by the McDonald's Board of Directors today upon the recommendation of Skinner and CEO-Elect Don Thompson. As announced last month, current COO Thompson will become President and Chief Executive Officer on July 1, 2012, following the retirement of Skinner. Fenton will continue to report to Thompson.
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