McDonald’s Cantalupo Dies; Bell Named CEO
April 19, 2004
CHICAGO – McDonald’s Corp. chairman and CEO Jim Cantalupo, who helped engineer a turnaround of the fast-food chain by focusing on better food and service during 16 months at the helm, died suddenly of a heart attack Monday. He was 60.
The company moved quickly to name Cantalupo’s successors. Charlie Bell, McDonald’s 43-year-old president and chief operating officer, was elected CEO by the board of directors and will keep the president’s title; Andrew J. McKenna, 74, the board’s presiding director, was named chairman.