McDonald’s Corp. Chief Executive Jim Skinner received a total of $9.7 million in compensation in 2010, including his roughly $42,000 annual salary increase and a 38 percent increase in his annual performance bonus. Get the full story »
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McDonald’s communications chief dead at 62
Jack Daly
Jack Daly, chief communications officer for McDonald’s Corp., died Saturday morning after a battle with cancer. He was 62.
“Through the depth of his thinking and strength of his insights, Jack helped guide McDonald’s through some of our greatest successes and most difficult challenges, always with humility, calmness and grace,” McDonald’s CEO Jim Skinner said in a statement.
A company veteran with nearly 20 years at the Oak Brook-based fast food giant, Daly oversaw the global public relations function.
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McDonald’s likely to hike prices as costs rise
McDonald’s Corp. will raise prices in the U.S. this year to combat rising commodity costs, the company said in its fourth-quarter earnings call Monday morning.
The Oak Brook-based burger chain estimates that ingredient costs will rise 2 percent to 2.5 percent, with some of those costs passed on to consumers. Get the full story »
McDonald’s CEO attacks children’s food police
From the Financial Times | The chief executive of McDonald’s has described critics of the company who have tried to curtail the sale of Happy Meals aimed at children as “food police” and accused them of undermining parents in making decisions for their families, in an interview with the Financial Times
“We’ll continue to sell Happy Meals,” said Skinner adding that the new rule “really takes personal choice away from families who are more than capable of making their own decisions”. Get the full story>>
Nov. 3, 2010 at 11:24 a.m.
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Filed under: Food, Hotels, Personnel moves, Restaurants, Retail, Updated McDonald’s European chief to run Accor Hotels
McDonald’s announced today that European president Denis Hennequin will resign to become Chief Executive Officer of the Accor Hotel Group. His departure will be effective at the end of the month.
Before Don Thompson’s promotion to president and chief operating officer early this year, Hennequin was considered to be a dark horse candidate for the position, which is widely considered to be CEO-in-waiting. Jim Skinner, the current CEO, is 66.
“Denis’ leadership made a tangible difference in our key segment of Europe,” Skinner said in a statement. ”The European team’s dedication to our Plan to Win business strategy elevated the restaurant experience for our customers. We wish Denis well in his new role at Accor.” Get the full story »
McDonald’s names global head of marketing
McDonald’s has named Steve Easterbrook as its global chief brand officer. Easterbrook takes the newly-created position September 1, after serving as president and chief executive of McDonald’s United Kingdom and president of Europe’s Northern division.
Easterbrook will be taking over the responsibilities of Mary Dillon, who vacated the role of global chief marketing officer in May, to become CEO of U.S. Cellular. In his role, he will report to president and chief operating officer Don Thompson. Get the full story »
McDonald’s CEO stands up for Happy Meals
Dylan Maki, 4, of Evanston, plays with his Happy Meal toy outside of the McDonald's at Navy Pier on July 7, 2010. (William DeShazer/Chicago Tribune)
McDonald’s defended its Happy Meals on Wednesday against claims by a consumer advocacy group, with McDonald’s CEO Jim Skinner saying that “Happy Meals are a fun treat, with right-sized, quality food choices.”
Skinner’s letter addressing this issue comes a week after the Center for Science in the Public Interest sent a letter to McDonald’s threatening to sue if the company didn’t stop using toys to market Happy Meals to young children.
“By advertising that Happy Meals include toys, McDonald’s unfairly and deceptively markets directly to children,” the letter stated. Get the full story »
