McDonald's simplifies franchising policies to attract more diverse candidates [MSNBC.com]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: MSNBC.com
McDonald'sStarting in 2023, the fast-food giant will evaluate every potential new operator equally. In the past, the spouses and children of current franchisees have been given preferential treatment."We've been doing a lot of thinking about how we continue to attract and retain the industry's best owner/operators – individuals who represent the diverse communities we serve, bring a growth mindset and focus on executional excellence, while cultivating a positive work environment for restaurant teams," McDonald's U.S. President Joe Erlinger said in a message to franchisees that was viewed by CNBC.McDonald's will also separate the process through which it renews franchisees' 20-year agreements from the assessment of whether the franchisee can operate additional restaurants. Additionally, Erlinger told U.S. franchisees that the company will incorporate its values more clearly into its standards for franchisees.McDonald's declined to comment on the changes to CNBC.The company recently cam
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website