November 23, 2004

Charlie Bell Resigns Post at McDonald's

Just seven months after his appointment as McDonald's CEO, Charlie Bell has resigned to continue his battle with colorectal cancer, the Wall Street Journal reports (subscription required). Mr. Bell took over the leadership at the burger franchise company immediately after the sudden death of CEO Jim Cantalupo. Bell, 44, was diagnosed shortly after he assumed the role of CEO; he maintained his position while getting treatments. McDonald's did not comment on Bell's health when it announced his resignation last night after a board meeting in Chicago. McDonald's vice chairman, Jim Skinner, 60, will succeed Bell.

Posted by franchiselawblog at November 23, 2004 10:30 AM