Wed Dec 02 08:14:00 -0500 2009

Bloomberg.com (New York)

- McDonald’s Corp., the world’s largest restaurant company, said Ralph Alvarez will retire as president and chief operating officer for health reasons.

“We did see him as the heir apparent to Skinner; he played a significant role in the company’s performance,” said Tom Forte, an analyst with Telsey Advisory Group in New York. “This could extend Skinner’s tenure as CEO.”

To view the full article, download the PDF here: Bloomberg, December 2, 2009