Fast-food chain McDonald’s has announced 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.Jan Fields, currently Executive Vice President and Chief Operations Officer for McDonald’s USA, will succeed Thompson as President of McDonald’s USA, and Jim Johannesen, currently U.S. Division President-Central Division, will succeed... ...Read more »

McDonald’s has overnight announced that Ralph Alvarez has decided to retire as President and Chief Operating Officer of the company for health-related reasons. “After more than 30 years in the restaurant industry, the past 15 with this great brand McDonald’s, I’ve decided to retire,” Alvarez said. “Seven orthopedic surgeries and years of chronic pain culminating in two total knee replacements in the past six months have made me realise it’s time to move on.” Alvarez’... ...Read more »