Jim Skinner, Chief Executive Officer of McDonald's Corporation (NYSE:MCD), recently shared that Don Thompson, currently President of McDonald USA, has been elected to the role of President and Chief Operating Officer, with oversight responsibility for the company's 32,000 restaurants worldwide.
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At the same time, Skinner and Thompson jointly announced the promotions of Jan Fields, currently Executive Vice President and Chief Operations Officer for McDonald's USA, to succeed Thompson as President of McDonald's USA, and Jim Johanssen, currently U.S. Division President--Central Division, to succeed Fields as Executive Vice President and Chief Operations Officer for McDonald's USA.
Thompson, Fields and Johannesen were elected by the McDonald's Board of Directors today, and assume their new duties immediately. In making the announcement, CEO Skinner said, "Don Thompson has done an outstanding job leading our U.S. business, and I am confident he will bring the same energy and innovative thinking to his new global role as President and Chief Operating Officer. I also know he will hit the ground running, having worked collaboratively for many years with our Area of the World leadership teams to share strategic solutions and execute our successful Plan to Win. Don's U.S. leadership experience, combined with the great record he had as Executive Vice President of our global Restaurant Systems group, uniquely qualifies him for this next important responsibility at McDonald's." Andy McKenna, Chairman of McDonald's Board, said, "Don is a great example of McDonald's remarkable ability to develop leaders who are immediately prepared to step up to the next level of executive responsibilities. The Board is confident that Jim, Don and the entire senior management team will work together to continue McDonald's worldwide business success.""Seamless management change is a by-product of McDonald's commitment to leadership development and talent management," Skinner said. "Together with our Board of Directors, we have made succession planning a competitive advantage for our company worldwide."
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