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McDonald's Corporation Promotes Chris Cole to Chief Financial Officer Of McDonald's U.S.A.

Dec 10, 2003

McDonald's Corporation (NYSE: MCD) today announced the promotion of Chris Cole to Senior Vice President and Chief Financial Officer of McDonald's U.S.A. Ms. Cole, a 24-year McDonald's veteran, was most recently the Financial Controller for McDonald's Central Division -- where she managed financial accounting and reporting for more than 4,000 company-owned and franchised McDonald's restaurants in the Midwestern United States.

"Chris Cole consistently demonstrates leadership, skill and fiscal responsibility with a hands-on management style that has proven successful for the company and our franchisees," said Mike Roberts, President of McDonald's U.S.A. "Chris is a strong addition to McDonald's U.S. Senior Leadership Team and will further strengthen McDonald's U.S. Plan to Win."

"This is a great opportunity and I'm looking forward to working with our senior management team, franchisees and accounting staff to build on McDonald's financial strength and the positive sales momentum we're seeing in our U.S. restaurants," said Cole.

A Chicago native, Cole is an alumni of Northern Illinois University in DeKalb, where she graduated with a Bachelor of Science Degree in Business Accounting in 1975. Prior to joining McDonald's, Cole worked as a Certified Public Accountant at Haskins & Sells in Chicago -- now Deloitte Touche Tohmatsu. McDonald's hired her as a staff accountant in 1979.

Ms. Cole is a member of the American Institute of Certified Public Accountants. She and her husband have three children and live in suburban Chicago.

McDonald's is the world's leading food service retailer with more than 30,000 local McDonald's restaurants serving 47 million customers each day in more than 100 countries. More than 70 percent of McDonald's restaurants around the world are owned and operated by independent, local businessmen and women.

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SOURCE: McDonald's Corporation

CONTACT: William Whitman, +1-630-623-6745, or Mike Donahue,
+1-630-623-7833, both of McDonald's Corporation

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