McDonald's COO retiring; role being eliminated
(Reuters) - McDonald's Corp (MCD.N) on Thursday said its operations chief will retire later this year and won't be replaced in that role, with the restaurant chain opting instead to give additional responsibilities to two senior executives.
Tim Fenton, 56, will step down as COO on October 1 but stay on as a special advisor to Chief Executive Officer Don Thompson.
Chief Financial Officer Pete Bensen, 51, will now also oversee the global supply chain, development and franchising functions. Steve Easterbrook, 46, global chief brand officer, will also take on oversight of McDonald's restaurant solutions group and corporate strategy, among other new roles.
- French warplanes search Mali desert for crashed Air Algerie plane
- At least 15 die in Israeli shelling of Gaza school as toll exceeds 750 |
- Exclusive: Ukraine rebel commander acknowledges fighters had BUK missile
- Sierra Leone's chief Ebola doctor contracts the virus
- Minnesota man asked to leave Southwest flight after critical tweet