Financing

McDonald’s adds a trio of new board members

Top executives from Marriott International, Johnson & Johnson and Salesforce will join the board following the retirement of Sheila Penrose.
McDonald's new directors
New directors to join the McDonald's board (L to R): Anthony Capuano, Jennifer Taubert and Amy Weaver. / Photos courtesy of McDonald's.

Anthony Capuano, the chief executive of Marriott International, is among a trio of corporate executives joining McDonald’s board of directors, the company announced on Monday.

Jennifer Taubert, worldwide chairman of pharmaceuticals with Johnson & Johnson, and Salesforce CFO Amy Weaver will also join the board on Oct. 1, following the retirement of Sheila Penrose as a company director.

Capuano was named CEO of the hospitality company Marriott a year ago. Marriott operates more than 8,100 properties in more than 30 hotel brands. That also gives him experience in dealing with franchisees, something that will come in handy at a franchisor like McDonald’s.

Taubert oversees the Janssen Pharmaceutical Companies with Johnson & Johnson, helping that business grow to more than $50 billion in global revenue. She had previously worked with Merck and Allergan.

Weaver, meanwhile, is a seasoned executive with considerable experience with technology companies. She has worked with the customer relationship management company Salesforce for nine years. Before that she worked with Univar Solutions and before that Expedia.

The moves follow several executive changes at the Chicago-based burger giant, including the promotion of Kevin Ozan to senior EVP of strategic initiatives, Ian Borden to CFO, Marion Gross to chief global supply chain officer, Jill McDonald to head up international operated markets and Brian Rice to global chief information officer.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Marketing

Meet the restaurant industry's new government adversary

Reality Check: The FTC wants the business to change several longstanding operating conventions. Has it heard why that's a bad idea?

Financing

Why are so many restaurant chains filing for bankruptcy?

The Bottom Line: A combination of rising costs and weakening sales, and more expensive debt, has caused real problems for restaurant chains. But the industry is also really difficult.

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Trending

More from our partners