The Canadian PressMarch 20, 2014 16:23
NEW YORK, N.Y. - McDonald's says its chief operating officer is retiring and that it won't refill the position.
The world's biggest hamburger chain says Tim Fenton, 56, will retire in October, then act as a special adviser to CEO Don Thompson. Fenton joined the company as a teenager in 1973 as a worker at a restaurant in Utica, N.Y.
The company says Fenton will not be replaced. Instead, it's expanding the responsibilities for Chief Financial Officer Pete Bensen and Global Chief Brand Officer Steve Easterbrook.