McDonald's Corporation (NYSE: MCD) today announced that Dave Hoffmann, 44, currently Senior Vice President for Restaurant Support in McDonald's Asia/Pacific, Middle East and Africa (APMEA) region, has been elected President of McDonald's APMEA by the McDonald's Board of Directors, effective July 1.
Hoffmann, a 16-year McDonald's veteran, succeeds Tim Fenton who recently was promoted to McDonald's Chief Operating Officer, also effective July 1.
McDonald's CEO-elect Don Thompson, who replaces retiring CEO Jim Skinner, said, "Throughout his career, Dave has demonstrated outstanding leadership and strategic insight. Jim and I are very confident in Dave's abilities to deliver on the growth opportunities in the APMEA markets and to build our business and brand in this important region. Dave will continue to provide the dynamic and results-oriented leadership that has fueled APMEA's success thus far."
"Over the past five years I've had the opportunity to work very closely with Dave, and know firsthand the exceptional talent, experience and passion he brings to this role," said Fenton. "Dave has a deep understanding of the APMEA region, a strong operations focus and the ability to deliver results and achieve goals."
Hoffmann will be based in Singapore and report to Fenton. He will be responsible for operations of 5,500 McDonald's restaurants in APMEA. Fenton will continue to oversee Japanese operations.