Oak Brook-based McDonald's honored for resurgent growth.
Chicago, IL, February 07, 2008 --(PR.com)-- The Association for Corporate Growth Chicago (ACG Chicago) today announced that it has selected McDonald's Corporation as recipient of the Outstanding Corporate Growth Award for 2007-2008. ACG Chicago – the premier professional organization focused on corporate growth, corporate development and mergers and acquisitions – selected McDonald's for its iconic status in the Chicago business community and its global resurgence.
ACG Chicago will honor McDonald's with this distinction at the Outstanding Corporate Growth Award Luncheon on Feb. 19 at The Standard Club in Chicago. Chris Pieszko, senior vice president of finance strategy, will accept the award on McDonald's behalf.
As this year's winner, McDonald's join an esteemed list of past recipients, including RR Donnelley (2006-2007), Fortune Brands, Inc., (2005-2006), Alberto Culver Company (2004-2005) and Biomet, Inc. (2003-2004).
"With creative marketing campaigns and menu innovations from around the world, McDonald's business has been revitalized by CEO Jim Skinner and his management team," said Raymond T. Daly, ACG Chicago treasurer and senior vice president of business development for Sovereign Bank. "In addition, McDonald's continues its commitment to environmental and charitable stewardship with a strategy that is built on the company being better, not just bigger. ACG Chicago is pleased to present McDonald's with the Outstanding Corporate Growth Award."
"We are honored to receive this recognition from ACG Chicago," said McDonald's CEO Jim Skinner. "It reflects McDonald's ongoing commitment to our millions of customers around the world, and is an admirable acknowledgment of our solid global business strategy."
McDonald's business is strong around the world with every region contributing to the company's growth by posting positive sales and transaction counts. For 2008 and beyond, the company expects its growth to be driven by more menu variety than ever before and a competitive share of the beverage and coffee markets, as well as continued popularity of its core menu and branded affordability. Other significant drivers include extended hours, re-imaged restaurants and expanded drive-thrus.
The annual ACG Chicago Outstanding Corporate Growth Award has been presented to area companies since 1985. Local award winners are nominated for ACG's National Outstanding Corporate Growth Award, which is presented at the ACG Intergrowth Conference in early May in Arizona. Eighteen companies will vie for the prestigious title of national award winner.
For tickets and information on the ACG Chicago Outstanding Corporate Growth Award Luncheon, visit www.acgchicago.com or contact Terry Cobb at 630-455-1740.
About ACG Chicago
ACG Chicago is Northern Illinois' premier association for corporate development, investment, and merger and acquisition professionals. A leader in the Association for Corporate Growth (ACG) global network, ACG Chicago boasts a membership of almost 1000 foremost authorities who form a diverse and knowledgeable network of corporate executives, capital sources, corporate advisors and service providers that all share a strong commitment to leadership in the field of strategic corporate growth. ACG Chicago, recipient of the 2006-2007 Outstanding Chapter Programming Award, provides its members with professional and business opportunities as well as the most current information through its ongoing luncheon series, breakfast seminars, regional conferences, in-depth publications and social events. Visit www.acgchicago.com for more information or call 630-455-1740.
About McDonald's Corporation
McDonald's is the leading global foodservice retailer with more than 31,000 local restaurants in more than 100 countries. More than 75% of McDonald's restaurants worldwide are owned and operated by franchisees and affiliates. Please visit their website at www.mcdonalds.com to learn more about the Company.
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