Global Financial

Global Financial Management and Summary

TUI UNIVERSITY

International Business

BUS 401

Dr. Castro

Global Financial Management and Summary

Matthew H. Paull, 55, is Corporate Senior Executive Vice President and Chief Financial Officer, a position he has held since July 2004. From July 2001 to June 2004 he was Corporate Executive Vice President and Chief Financial Officer. Prior to that time, he served as Senior Vice President, Corporate Tax and Finance from December 2000 to July 2001, Senior Vice President from January 2000 to December 2000 and Vice President from June 1993 to January 2000. Mr. Paull has been with the Company for 13 years.

The Chicago chapter of the National Investor Relations Institute (NIRI-Chicago) named him as the Chicago Executive of the Year. On July 24, 2007, Matthew Paull, Senior Executive Vice President and Chief Financial Officer of McDonald's Corporation notified McDonald's of his intention to retire after a distinguished career with the company. Paull's has effectively communicate with multiple constituencies from a variety of investor audiences to McDonald's owner/operators in which offer different viewpoints about McDonald's approach to building shareholder value. He has worked with McDonald's investor relations team to establish new best practices for the company, including expanded reporting of quantitative and qualitative metrics.

McDonalds approach to managing several risk factors can be contributed to the 4-Ps: Product, Place, Price and Promotion. One of the aims of McDonald’s is to create a standardized set of items that taste the same whether in Germany, Korea or South Africa. McDonald’s learned that, although there are substantial cost savings through standardization, being able to adapt to an environment ensures success.

In Israel, after initial protests, Big Macs are served without cheese in several outlets, thereby permitting the separation of meat and dairy products required of kosher restaurants. McDonald’s...