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Ford CEO Jim Farley
Ford Motor Co. CEO Jim Farley has been named to McDonald's Board of Directors, the company announced Tuesday.
"Jim brings invaluable experience balancing innovation with operational excellence, modernizing customer experience, engaging independent operators, and harnessing technology to improve systems at scale," Chris Kempczinski, chairman and CEO of McDonald's, said in a statement. "His leadership in optimizing a business today while building tomorrow will be useful as we continue to drive momentum across our business."
Farley, 63, also issued a statement.
"McDonald's is one of the most admired and recognized brands in the world, I've long respected how the company balances scale with local entrepreneurship and tradition with innovation. I'm honored to join their world-class values-based Board and look forward to contributing to McDonald's next era of growth."
