WhereDaily News: McDonald's Announces Chief Operating Officer Tim Fenton to Retire and Global Management Restructure

OAK BROOK, IL--(Marketwired - Mar 20, 2014) - McDonald's (NYSE: MCD) President and Chief Executive Officer Don Thompson today announced that Chief Operating Officer Tim Fenton, 56, has decided to retire from McDonald's Corp., effective October 1, 2014. He will continue to serve as COO during a brief transition period, and thereafter, as a Special Advisor to Thompson focused on global franchising, restaurant portfolio optimization and other strategic business initiatives.

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