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Leah

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McDonald’s CFO and His Roles
Leah P. Hairston
GB 360 Principles of Finance
Instructor: Ms. A. Divine
September 28, 2014

Table of Contents

* Abstract……………………………………………………………………………..p.3 * Background of the Company………………………………………………………..p.4-5 * Background of the CFO……………………………………………………………..p.5 * Current Roles of the CFO…………………………………………………………...p.6-7 * Company Financials…………………………………………………………………p.7-10 * Recent Financial Statements………………………………………………………p.10-13 * Liquidity Ratios………………………………………………………………………p.14 * Profitability Management Ratios…………………………………………………….p.14 * Debt Management……………………………………………………………………..p.15 * Analyst Commentaries……………………………………………………………p.15-16 * Conclusion……………………………………………………………………………p.16 * Works-Cited APA style………………………………………………………………p.17

Abstract

The CFO of McDonald’s has a very important role in the company. CFO’s take care of the controllership duties, treasurer duties, and economic strategy and forecasting duties. Addressing the issues surrounding capital structure is one of the most important duties of a CFO. Peter J. Bensen, 51, is Corporate Executive Vice President and Chief Financial Officer, a position he has held since January 2008. From April 2007 through December 2007, he served as Corporate Senior Vice President-Controller. Prior to that time, Mr. Bensen served as Corporate Vice President-Assistant Controller from February 2002 through March 2007. There are currently over 7000 McDonald's restaurants in over 25 countries around the world. McDonald's, a simple restaurant, started by two brothers who had failed in every business they had tried, has set the standard for fast-food restaurants and for franchising. One thing is certain: a great CFO will usually differ from a good CFO by the way that he or she is able to project the long-term financial picture of

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