Posted on 04/05/2014 12:35:17 AM PDT by Olog-hai
McDonalds temporarily suspended operations in Crimea on Friday citing manufacturing reasons.
While it did not mention the political climate in its statement, the move will likely be taken as a reaction to the intensifying tensions over Crimea and Ukraine between the West and Russia.
The fast-food company, which operates three restaurants in Crimea, becomes the first U.S. company to pull operations from the peninsula and the second in the West after it was annexed by Russia.
(Excerpt) Read more at foxbusiness.com ...
Insiders At Mcdonald’s Corp (MCD)
Name (Connections) Board Relationships Title Type of Board Member Age
Donald Thompson 86 Relationships Chief Executive Officer, President, Director and Chairman of Executive Committee — 50
Other Board Members On Board*
Name (Connections) Board Relationships Type of Board Member Primary Company Age
Andrew McKenna J.D. 233 Relationships — McDonald’s Corp. 84
Pat Donahue 16 Relationships — McDonald’s Corp. 69
Eikoh Harada 52 Relationships — McDonald’s Holdings Company (Japan), Ltd. 65
Enrique Hernandez Jr. 124 Relationships — Inter-Con Security Systems Inc. 57
Jeanne Jackson 37 Relationships — Nike, Inc. 62
Walter Massey 209 Relationships — School of the Art Institute of Chicago 75
Robert Eckert 36 Relationships — McDonald’s Corp. 59
Roger Stone 43 Relationships — KapStone Paper and Packaging Corporation 78
John Rogers Jr. 447 Relationships — Ariel Investments, LLC 55
Cary McMillan CPA 163 Relationships — True Partners Consulting LLC 55
Richard Lenny 64 Relationships — Friedman Fleischer & Lowe, LLC 61
Sheila Penrose 214 Relationships — Jones Lang LaSalle Incorporated 68
Susan Arnold 40 Relationships — The Carlyle Group LP 59
Miles White 109 Relationships — Abbott Laboratories 58
*Data is at least as current as the most recent Definitive Proxy.
“No fries for you!”
Good move. Call it fear. Call it a statement. Only governments can make life difficult and at least one company out there had the guts to respond.
I ate once at the McDonalds in Yalta. Three people were blaring old Soviet music and staging an antiNATO protest. No one else really cared. Those were better times.
They charged me for the ketchup.
"Burger King Announcing opening in Crimera"
Checkmate on McDonalds leaving Crimea...
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