- Jim Cantalupo
Infobox Person
name = Jim Cantalupo
image_size = 150px
caption = Jim Cantalupo
birth_date =November 14 ,1943
birth_place = Oak Park,Illinois
death_date =April 19 ,2004
death_place =Orlando, Florida
education =University of Illinois at Urbana-Champaign
occupation = President, CEOMcDonalds
title =
spouse =
parents =
children =
nationality = American
website =James Richard Cantalupo (
November 14 ,1943 –April 19 ,2004 ) was an American executive, serving as chairman and chief executive officer ofMcDonald's Corporation until his sudden death by heart attack at the age of 60.Life
Cantalupo was born in Oak Park,
Illinois , the eldest of an Irish-Italian family. His father was an optometrist father and mother a homemaker. Cantalupo earned a degree in accounting from theUniversity of Illinois at Urbana-Champaign , where he was admitted to theZeta Psi fraternity.He married, and had a daughter and son.
Career
He became a
certified public accountant and worked for Arthur Young for eight years before joining McDonald's. Cantalupo started at McDonald's as its controller in 1974, became vice president in 1975, and senior vice president in 1981. He became president of McDonald's International in 1987 and its CEO in 1991. He lost the top job toJack Greenberg and retired in 2002, but returned onJanuary 1 ,2003 as CEO. Shareholders were not impressed, thinking that his appointment indicated that the company was "inbred".Reed (2004) p. 30] However, credit was given to Cantalupo for the company's recovery in the succeeding 12 months: "he devised a plan" which included "accelerating the introduction of healthier foods, such as salads".Charlie Bell , the company's president and chief operating officer, was chosen to succeed Cantalupo as CEO but stepped down the followingNovember 22 to seek treatment forcolon cancer , being succeeded by vice chairmanJim Skinner as CEO and byMichael Roberts as president.Cantalupo previously served on the board of directors of
Sears, Roebuck and Company . He was attending a McDonald's convention inOrlando, Florida when he was suddenly stricken and died.Notes
References
*Reed, Christopher (2004) "Burger king who revived chain with salads: James Richard Cantalupo, Businessman, 1943-2004" (obituary reprinted from "The Guardian") in "The Sydney Morning Herald",
2004-04-22 , p. 30External links
* [http://money.cnn.com/2004/04/19/news/fortune500/mcdonalds_ceo/ McDonald's CEO Cantalupo dies suddenly; Bell succeeds] - CNN/Money
* [http://money.cnn.com/2004/04/19/news/fortune500/mcd_chronology.reut/ Cantalupo's career at McDonald's] - Reuters
* [http://www.referenceforbusiness.com/biography/A-E/Cantalupo-Jim-1943-2004.html Jim Cantalupo Biography]
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