date:Mar 24, 2014
McDonalds Corp. said it will shuffle its global management structure following the retirement of Tim Fenton, chief operating officer, effective Oct. 1.
Mr. Fenton will retain his position during a brief transition period, after which he will become a special advisor to Don Thompson, McDonalds president and chief executive officer, with a focus on global franchising, restaurant portfolio optimization and other business strategies. Mr. Fenton, who has 41 years of experience with McDonalds, said h