MCDONALD'S NORTH AMERICAN COO RESIGNS

Alan Feldman Leaves; Duties Assumed by Jim Skinner in New Post

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CHICAGO (AdAge.com) -- McDonald's North American President and Chief Operating Officer Alan Feldman, 49, has resigned to pursue other career opportunities, the company announced today.

His duties will be assumed by Jim Skinner, 57, who takes on an expanded role as president and chief operating officer of the McDonald's Restaurant Group, a newly created post that encompasses his new duties as well as his old ones as president and chief operating officer of the Europe, Asia/Pacific and Middle East restaurant operating groups.

Mr. Skinner will

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report directly to Jack Greenberg, chairman and CEO of McDonald's Corp.

Mr. Feldman had earlier been president of McDonald's USA, a post now held by Mike Roberts.

The move is part of a larger restructuring that the Oak Brook, Ill., fast-food giant began last fall. On Jan. 24, McDonald's will report its fourth-quarter earnings and will provide final results of the restructuring that trimmed five divisions to three and 500 to 700 employees from field and headquarter ranks.

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