McDonald's President is No Longer a Lady
When we read McDonald’s was letting Jan Fields, president of its U.S. division, go after the chain saw its first drop in a monthly sales figure in nearly a decade, it prompted us to reread our June/July 2010 cover story about Fields when she was first promoted.
As we said then: McDonald’s does not import its leaders, they’re homegrown. Fields told us at the time: Tenures are long at headquarters. Perhaps she was referring to tenure with the company, not in the job.
“Our changes were planned,” she had said of her recent promotion, along with Don Thompson’s. Fields took over the president’s job as Thompson moved into the CEO spot.
Like many of Fields contemporaries, she started in the kitchen. As a young military wife, struggling to complete her college degree while raising her children, she took the job because it offered flexible hours. She worked her way up to a spot no other woman has held at the world’s most famous franchise.
Fields may have been the first woman to hold the title of president, but hopefully she won’t be the last.
Jeff Stratton, McDonald’s global chief restaurant officer, was named as her replacement.