Jim Cantalupo

Jim Cantalupo (November 14, 1943 – April 19, 2004) was an American business executive who served as the chairman and chief executive officer of McDonald's Corporation.

Early life and education

Cantalupo was born in New York City, New York. He graduated from the University of Illinois with a degree in accounting.

Career

Cantalupo began his career at McDonald's in 1974 as a controller, eventually rising to the position of president of McDonald's International in 1987. Under his leadership, the company expanded its operations to more than 118 countries.

In 1991, Cantalupo was named president and chief operating officer of McDonald's Corporation. He was promoted to CEO in 1997, a position he held until his retirement in 2002.

In 2003, Cantalupo came out of retirement to return as chairman and CEO of McDonald's at a time when the company was struggling with declining sales and profits. He implemented the "Plan to Win" strategy, which focused on improving the quality of food, service, and cleanliness in restaurants rather than on expanding the number of locations. This strategy led to a significant turnaround in the company's performance.

Death

Cantalupo died of a heart attack on April 19, 2004, while attending a McDonald's franchisee convention in Orlando, Florida.

Legacy

Cantalupo's leadership and the "Plan to Win" strategy he implemented are credited with saving McDonald's from a serious financial crisis and setting the company on a path to renewed success.

See also

• List of chief executive officers
• McDonald's Corporation

External links

• McDonald's Official Website