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Jack M Greenberg

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BUSINESS
May 1, 1998 | From Associated Press
In a changing of the guard, McDonald's Corp. on Thursday replaced its chief executive, as the world's largest fast-food chain struggles to fend off domestic competition. The company said domestic chief Jack M. Greenberg will replace Michael Quinlan as chief executive. Quinlan, 53, only the third chief executive in McDonald's history, will remain chairman of the Oak Brook, Ill.-based chain.
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BUSINESS
December 6, 2002 | Reuters
McDonald's Corp. Chief Executive Jack Greenberg said Thursday that he would retire at year's end. The restaurant chain named Jim Cantalupo, former vice chairman and president of the firm, to succeed Greenberg, 60. The company eight months ago said Greenberg, once a Wall Street favorite whose star faded, had agreed to stay at his post for three more years.
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BUSINESS
December 6, 2002 | Reuters
McDonald's Corp. Chief Executive Jack Greenberg said Thursday that he would retire at year's end. The restaurant chain named Jim Cantalupo, former vice chairman and president of the firm, to succeed Greenberg, 60. The company eight months ago said Greenberg, once a Wall Street favorite whose star faded, had agreed to stay at his post for three more years.
BUSINESS
May 1, 1998 | From Associated Press
In a changing of the guard, McDonald's Corp. on Thursday replaced its chief executive, as the world's largest fast-food chain struggles to fend off domestic competition. The company said domestic chief Jack M. Greenberg will replace Michael Quinlan as chief executive. Quinlan, 53, only the third chief executive in McDonald's history, will remain chairman of the Oak Brook, Ill.-based chain.
BUSINESS
January 19, 1994 | From Times Staff and Wire Reports
McDonald's to Buy Back $1 Billion in Stock: The world's largest restaurant chain said it plans to buy back the common stock during the next three years, primarily using excess cash flow. "We believe that common share repurchase is an excellent means of improving returns for common shareholders and have repurchased $2.2 billion of our common stock over the past 10 years," said Jack M. Greenberg, vice chairman and chief financial officer.
BUSINESS
December 2, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
Taking its growth-by-acquisition strategy to a new level, hamburger giant McDonald's Corp. said Wednesday it will buy most of the Boston Market restaurant chain from its bankrupt parent for $173.5 million. The deal marks the first purchase by McDonald's of a national chain, and expands on its plan to diversify beyond its staple burger business. McDonald's Golden Restaurant Operations Inc.
BUSINESS
October 12, 1996 | GREG JOHNSON, TIMES STAFF WRITER
Hungry shoppers who tell friends to meet them at the McDonald's in San Diego's Stonecrest Plaza need to be a bit more specific. That's because the massive center houses three McDonald's outlets--a traditional one and two express counters in the Wal-Mart and Incredible Universe stores.
BUSINESS
August 13, 1998 | GREG JOHNSON
When Clay Paschen opened his first walk-up McDonald's restaurant on the corner of Victoria and Telegraph in Ventura in 1966, the relatively simple kitchen was designed to turn out a narrow menu including burgers, French fries and drinks. Using a kitchen strategy honed by fast-food legend Ray Kroc, Paschen's family, which now owns nine McDonald's restaurants, has shared in the wealth enjoyed by thousands of McDonald's franchisees.
BUSINESS
October 12, 1996 | GREG JOHNSON, TIMES STAFF WRITER
The cafeteria in Taco Bell's headquarters building sums up the promise and potential facing the nation's fast-food leaders. There, diners can order a burrito from Taco Bell, Hot Wings from KFC or a sausage pizza from Pizza Hut. The competitive situation is much the same elsewhere in Orange County, where hungry consumers can stop at just about any street corner and find a smorgasbord of fast-food options.
BUSINESS
October 21, 2001 | TOM PETRUNO, TIMES STAFF WRITER
Here's a taste of what's in store for the diligent investor who attempts to actually read through third-quarter corporate profit reports: * Coca-Cola Co. last week said "third-quarter currency-neutral earnings per share before nonrecurring items were 45 cents," which the company described as a 7% increase from a year earlier and a "strong" showing.
NEWS
August 22, 2001 | ERIC LICHTBLAU, TIMES STAFF WRITER
With countless McDonald's French fries and sodas came the chance for riches: Grab a quick bite, play our latest promotional game and walk away a McMillionaire. There was just one problem. The games were rigged. Acting on an informant's tip, the FBI arrested eight people Tuesday in an elaborate scheme to allegedly plant big-money game cards in the hands of fake "winners," who claimed the prizes and then split the proceeds with their recruiters.
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