CHICAGO (AP) - McDonald's Corp. chairman and CEO Jim Cantalupo, who
helped engineer a turnaround of the fast-food chain by focusing on
better food and service during 16 months at the helm, died unexpectedly
of a heart attack Monday. He was 60.
The company moved quickly to name Cantalupo's successors. Charlie Bell,
McDonald's 43-year-old president and chief operating officer, was
elected CEO by the board of directors and will keep the president's
title; Andrew J. McKenna, 74, the board's presiding director, was named
chairman.
Could they have waited until the man's body went into the ground before announcing a successor?
Brrrr.
Posted by Kathy at April 1, 2004 12:47 PM | TrackBack