Richard H. Lenny Elected to McDonald's Board of Directors
OAK BROOK, Ill.
Sep 12, 2005
McDonald's Corporation (NYSE: MCD) announced the election of Richard H. Lenny, Chairman, President and Chief Executive Officer, The Hershey Company, to McDonald's Board of Directors.
Following a vote today by McDonald's Board of Directors, McDonald's Chairman Andy McKenna said, "We are very pleased at the election of Rick Lenny to McDonald's Board of Directors. His strong leadership skills and expertise in the global food industry will add even greater depth and dimension to our Board."
McDonald's Chief Executive Officer Jim Skinner said, "Rick will be a great addition. Throughout his career with leading brands in the food industry, he has been recognized for his focus on customers and for his marketing leadership. We are confident that his experience and talent will add enormous value for many years to come."
Prior to joining Hershey in March 2001, Lenny was President of Nabisco Biscuit Company. Following Kraft's acquisition of Nabisco in 2000, he was named Group Vice President of Kraft Foods and President of Nabisco Biscuit and Snacks.
Before joining Nabisco, he was with the Pillsbury Company as President of Pillsbury, North America. Lenny began his food industry career at Kraft Foods, Inc., where he held a number of senior marketing and sales positions and spent 18 years at the company.
In addition to serving on the Board of Directors of The Hershey Company, he also serves on the board of Sunoco, Inc., and is Chairman of the Grocery Manufacturers of America.
Lenny is a graduate of Northwestern University's J.L. Kellogg Graduate School of Management with a Master's of Business Administration in marketing and finance.
He holds a Bachelor's degree from Georgia State University.
McDonald's is the leading foodservice retailer with more than 30,000 local restaurants serving local customers in more than 100 countries. Approximately 70% of McDonald's restaurants worldwide are owned and operated by independent businessmen and women.
Richard H. Lenny Chairman, President and CEO The Hershey Company
Rick Lenny is Chairman, President and Chief Executive Officer of The Hershey Company, the leading manufacturer of quality confectionery and snack products. Prior to joining Hershey in March, 2001, Rick was President, Nabisco Biscuit Company. Following Kraft's acquisition of Nabisco in 2000, Rick was Group Vice President of Kraft Foods and President, Nabisco Biscuit and Snacks. In this position, he was responsible for Kraft Foods' North American biscuit, snack nuts and confection businesses.
Rick joined Nabisco in 1998 from the Pillsbury Company where he was President of Pillsbury, North America. Prior to this, he spent 18 years at Kraft Foods, Inc., where he held a number of senior marketing and sales positions.
Rick is a graduate of Northwestern University's J. L. Kellogg Graduate School of Management with an MBA, with honors, in marketing and finance, and holds a bachelor's degree, magna cum laude, from Georgia State University. Rick serves on the Board of Sunoco, Inc., as well as on its Governance and Compensation Committees. He is Chairman of the Board of Grocery Manufacturers of America, and chairs its Executive Committee; the Board of Directors of the Hershey Trust Company; the Board of Managers of the Milton Hershey School; the Board of Trustees of the Central Pennsylvania Chapter of the National Multiple Sclerosis Society; the Alumni Advisory Board of Northwestern's Kellogg Graduate School of Management; the Board of Trustees of Georgia State University, and the Board of Advisors of the Robinson College of Business, Georgia State University. Georgia State University awarded Rick its 2005 Alumni Achievement Award. He was named BRANDWEEK'S "Marketer of the Year" for 2004, and in March 2005, BARRON'S named Rick one of the 30 "World's Most Respected CEOs." In May, 2005, FOOD PROCESSING MAGAZINE named Rick one of their 11 most influential people in the food industry.
The Hershey Company (NYSE: HSY) is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. With revenues of over $4 billion and more than 13,000 employees worldwide, The Hershey Company markets such well-known brands as Hershey's, Reese's, Hershey's Kisses, Kit Kat, Almond Joy, Mounds, Jolly Rancher, Twizzlers, Ice Breakers, and Mauna Loa, as well as innovative new products such as Take 5 and Hershey's Cookies. In addition to its traditional confectionery products, Hershey offers a range of products specifically developed to address the nutritional interests of today's health-conscious consumer. These products include sugar-free Hershey's, Reese's and York candies, as well as Hershey's SmartZone bars for people seeking balanced nutrition. It also markets Hershey's cocoa, Hershey's syrup and other branded baking ingredients, toppings and beverages. In addition, Artisan Confections Company, a wholly owned subsidiary of The Hershey Company, markets premium chocolate offerings, including Scharffen Berger, known for its high-cacao dark chocolate products, and Joseph Schmidt, recognized for its fine, handcrafted chocolate gifts.Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050912/CGM045
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SOURCE: McDonald's Corporation
CONTACT: Investors: Mary Kay Shaw, +1-630-623-7559, Media: Anna
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