August 02, 2016 McDonald’s Corporation (NYSE: MCD) today announces the retirement of Chief Administrative Officer Pete Bensen after 20 years with the company on September 2, 2016.
“Throughout his career with McDonald’s, Pete has been a strategic partner, a tireless advocate and an influential contributor to our brand’s success,” McDonald’s President and CEO Steve Easterbrook said. “We thank him for his steadfast leadership and his valuable expertise. We know Pete has looked forward to spending more time with his family, and we wish them all the best.”
As a result of Mr. Bensen’s retirement, McDonald’s will announce additional organizational changes in the coming weeks.
“After two decades with McDonald’s, few things mean more to me than this brand, but one of those things is family. I’m proud of the work we’ve done here at McDonald’s and, in particular, over the past 20 months,” Mr. Bensen said. “I look forward to seeing the System go even further and becoming the modern and progressive burger company we all know McDonald’s will be.”