Fred Turner was the CEO of the American restaurant industry, whose net worth at his death in 2013 was $ 150 million. He is best known as the CEO of McDonald's. He succeeds legendary McDonald's CEO / founder Ray Kroc. He also co-founded the Ronald McDonald House Charities.
He was the head of the American restaurant business. He was chairman and chief executive officer of McDonald's. He is credited with helping the massive development of McDonald’s, introducing new dishes, and enforcing service standards for the business and its employees. Fred Turner's biography, financial data and life details are published here. If you are ready to discover something new about this famous person, go ahead!
Fred Turner was born in Des Moines, Iowa, in January 1933 and died in January 2013. He graduated from Drake University and served in the United States Army. Turner began working as a grill operator at McDonald's in 1956. In 1958, he was Vice President of Operations for the company, setting strict guidelines for serving hamburgers and other foods, including french fries, which must be exactly 0.28 inches in diameter. Thickness. Turner has established the motto “Quality, Service and Cleanliness”. In 1967 he became Executive Vice President and in 1968 President and Managing Director. Fred Turner became CEO of McDonald's in 1973 and replaced Ray Kroc as President in 1977.
Read also: charlidamelio
In 1961, Fred founded what would later become the "Hamburger University" in the basement of a restaurant in Elk Grove Village, Illinois. Fast forward to the present and more than 5,000 owners and managers visit Hamburg University every year on a campus in a suburb of Illinois. Hamburg University is officially held at the Fred L. Turner Training Center in Illinois, but has offices around the world.
Turner started his career at McDonald's in 1956 as a grill operator and was quickly promoted. He was named vice president of operations in 1958, when the company had only 34 employees. In that role, he established strict guidelines on how McDonald's burgers and other products were to be served, including the fact that the fries "had to be a precise 0.28 inch thick" and that "from every pound of beef exactly ten meatballs had to be formed ".
"Quality, service and cleanliness" became his motto. He became executive vice president in 1967, then president and chief executive officer in 1968. he became CEO in 1973 and replaced Ray Kroc as president in 1977, later named senior president upon Kroc's death. Under Turner, McDonald's expanded its operations to 118 countries, with over 31,000 outlets, and more than a billion burgers were sold.
He retired in 2004, after which he held the position of Honorary President.
The year before Fred retired in 2003, a filing with the SEC showed that he owned 1.5 million shares in the company, which were worth approximately $22 million at the time. The stock exploded over the next decade. Assuming he had kept his entire stake, Fred's stock would have been worth around $150 million on the day of his death.
Fred Turner died on January 7, 2013 at the age of 80.
|Age||75 years old|
|Birth Date||October 16, 1943|
|Birth Place||Winnipeg, Canada|
The fourth edition of ITIL (IT Infrastructure Library) was presented by Axelos in February 2019. The ITIL v4 (PDF and other versions available) focuses on practical aspects of IT management and provides a holistic approach with emphasize on Agile, DevOps and digital transformation topics.#2The Subtle Art of Not Giving a Fuck
The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life. In this generation-defining self-help guide, a superstar blogger cuts through the crap to show us how to stop trying to be “positive” all the time so that we can truly become better, happier people. For decades, we’ve […]#3Read People Like a Book
Read People Like a Book: How to Analyze, Understand, and Predict People’s Emotions, Thoughts, Intentions, and Behaviors (How to be More Likable and Charismatic).#4The Intelligent Investor
One of the greatest investors of the twentieth century, Benjamin Graham, proposed his philosophy of “value investing” that could protect investors from dramatic errors and teaches them to develop long-term strategies. This approach is exhaustively explained in The Intelligent Investor (PDF download available) book, which remains the stock market bible since its first […]#5How Money Works
Money is the oil that keeps the machinery of our world turning. By giving goods and services an easily measured value, money facilitates the billions of transactions that take place every day. Without it, the industry and trade that form the basis of modern economies would grind to a halt and the flow […]#6Business Communication
Everyday Business Storytelling: Create, Simplify, and Adapt A Visual Narrative for Any Audience. Communication is one of the basic functions of management in any organization and its importance can hardly be overemphasized. It is a process of transmitting information, ideas, thoughts, opinions and plans between various parts of an organization. Good and effective […]#7How Business Works
Every type of business has to choose an ownership structure. Although there are variations globally, most countries offer similar types of legal entities, from a single- person private enterprise to a massive organization trading on a stock exchange. There are three key considerations: how big the venture is expected to grow; the complexity […]#8The Essential Manager’s Handbook
The step up to a managerial role can be an exciting, but daunting, new challenge. Suddenly, you are responsible for making sure your team is working together, achieving results, and that overall your department is running smoothly. There is no single technique to becoming an excellent manager, but the Essential Manager’s Handbook provides […]#9Operations Management
Operations Management is important, exciting, challenging, and everywhere your look! Important, because it’s concerned with creating all of the products and services upon which we depend. Exciting, because it’s at the centre of so many of the changes affecting the world of business. Challenging, because the solutions that we find need to work […]#10Where Are the Customers Yachts
In 1940 Fred Schwed, a stockbroker whose father had lost everything as a short seller on Wall Street during the Roaring Twenties, published this timeless classic on how the stock market really works. Schwed, a pleasure-loving, cultured man who had been expelled from Princeton University in his final year for entertaining a lady […]
Corporate Finance, Eleventh Edition This book has been written for the introductory courses in corporate finance at the MBA level and for the intermediate courses in many undergraduate programs. Some instructors will find our text appropriate for the introductory course at the undergraduate level as well.#12ISE International Business: Competing in the Global Marketplace
The 13th edition provides a complete solution that is relevant (timely, comprehensive), practical (focus on applications of concepts), integrated (integrated progression of topics) and the most up-to-date on the market. Available with Connect: Our highly reliable homework and learning management solution that embeds learning science and award-willing adaptive tools to improve student results.#13Winning: The Unforgiving Race to Greatness
Winning: The Unforgiving Race to Greatness (Tim Grover Winning Series) From the elite performance coach who wrote the international bestseller Relentless and whose clients included Michael Jordan, Kobe Bryant, and Dwyane Wade, comes this brutally honest formula for winning in business, sports, or any arena where the battle is relentless.#14Your Next Five Moves: Master the Art of Business Strategy
From the creator of Valuetainment, the number one YouTube channel for entrepreneurs, comes a practical and effective guide for thinking more clearly and achieving your most audacious business goals. Both successful entrepreneurs and chess grandmasters have the vision to look at the pieces in front of them and anticipate their next five moves. […]#15Your Next Five Moves
Your Next Five Moves: Master the Art of Business Strategy (Hardcover / Audio / Kindle). Creator of Valuetainment, the # 1 YouTube channel for entrepreneurs and “one of the most exciting thinkers” (Ray Dalio, Principles author) in business today, provides a practical and effective guide to thinking more clearly and getting the most out […]#16Finding the Winning Edge
When those who chronicle the history of the game list the individuals who had the greatest impact on the National Football League, Bill Walsh will clearly be among the names of Halas, Lombardi, Brown, Landry, Noll and Shula. But when you consider who has impacted the game most in terms of those who […]#17International GAAP 2020 2021
Generally Accepted Accounting Practice under International Financial Reporting Standards. The content of this book takes into account all accounting standards and other relevant rules issued up to September 2020. Consequently, it covers the IASB’s Conceptual Framework for Financial Reporting and authoritative literature listed below. References in the main text of each chapter to […]#18Schweser FRM Part I Secret Sauce
This review book is a valuable addition to the study tools of any FRM exam candidate. It offers concise coverage of exam topics to enhance your retention of the FRM curriculum. We suggest that you use this book as a companion to your other, more comprehensive study materials.#19We Should All Be Millionaires
We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power. Are you ready to fill your life with more peace, power and joy? We Should All Be Millionaires details a realistic, achievable and step-by-step path to create the support, trust and plan you need to master […]#20THE BUSINESS ANALYST’S HANDBOOK
In my previous life in chemical engineering, I used to carry around Perry’s Chemical Engineers’ Handbook—a working reference book containing every table and tool the professional might need to refer to in carrying out his or her role. When I began working as a business analyst, I looked for a similar handbook for […]