Jim Skinner is the current CEO of the well - known McDonald's franchise. Skinner has been the CEO since 2004 and leads the world's largest food service company with over 32,000 restaurants in a heaping 117 different countries. On average, McDonald's serves approximately 60 million customers per day with over 1.7 million employees in corporate, as well as restaurant positions worldwide. According to his online bio,
"In 2007, Dow Jones/Marketwatch named Skinner 'CEO of the Year,' and Restaurants & Institutions magazine bestowed him '2007 Executive of the Year.' In 2008, Skinner was named one of 'America’s Best CEOs' by Institutional Investor magazine. Chief Executive magazine named Skinner the '2009 CEO of the Year' and he was recently named one of Barron’s '30 Most Respected CEOs'.”
[http://www.aboutmcdonalds.com/mcd/our_company/bios/jim_skinner.html]
Despite a slight downfall near the end of the century, McDonald's has been a relatively stable stock performer throughout it's history. In 1992, McDonald's set the stage for it's consistency as it broke through it's $10 mark. By the end of 1999 it's stock was set at $48 per share. Right before the recession, McDonald's stock hit a low point in late 2003. Ironically enough, however, as the recession hit it's hardest, McDonald's stock had hit it's all - time high by the summer of 2008 as the world's largest restaurant chain. Since then McDonald's stock price has been pretty constant, if not increasing little by little. As of yesterday, April 28, 2011, McDonald's stock price opened at $78.00 and closed at $78.03. For more information about McDonald's stock price history please feel free to visit:
[http://phx.corporate-ir.net/phoenix.zhtml?c=97876&p=irol-stockLookup&t=HistQuote&control_firstdatereturned=]
Even with this down fall in the economy, Mc Donalds is still making their money! Thats what keeps me wanting the #1 with extra mac sauce!
ReplyDeleteLots of people like Mc Donalds..XD
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