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Log In / Register | Jul 21, 2018

McDonald's Chief Administrative Officer Retires

OAK BROOK, Ill.— McDonald’s Corporation (NYSE:MCD) announced Tuesday that its chief administrative officer, Pete Bensen, will retire on September 2, 2016. He has been with the firm for 20 years.

Franchise Succession Planning

What happens to a franchise if a franchisee passes away? Can the franchise be transferred to a qualified successor? Or will the business automatically be terminated?

McDonald’s Skinner Leaves, Thompson Leads

McDonald's new CEO Don Thompson
McDonald's new CEO Don Thompson. photo/MCD

CHICAGO — McDonald's Corporation (NYSE: MCD) announced Wednesday that vice chairman and chief executive officer Jim Skinner, age 67, has informed the board of directors of his decision to retire effective June 30, 2012, after 41 years with the company.

March 15th, The Ides of March

“Beware the Ides of March” was the warning to Julius Caesar by a soothsayer who predicted that harm would befall the Roman ruler. The word Ides comes from the Latin word "idus" and means "half division". It was a word that was widely used in the Roman calendar indicating mid-month.

Rise of Interim CEOs

Franchise cartoon on what is a franchisor CEO?

A number of franchising firms have turned to interim CEOs for change and growth.