For n00bs: CEO Chief Executive Officer
CHICAGO (Reuters) - McDonald's Corp. (MCD.N: Quote, Profile, Research) Chairman and Chief Executive Jim Cantalupo died of an apparent heart attack on Monday at the age of 60, the company said.
He was attending the company's owner/operator meeting in Orlando, Florida, it said.
The world's largest restaurant chain could not immediately say who was taking over Cantalupo's responsibilities. "We're focusing on Mr. Cantalupo and his family," McDonald's spokeswoman Anna Rozenich, said.
Cantalupo, a former vice chairman and president of the company, was brought back to lead McDonald's in January 2003 when the company was struggling to cope with falling profit in a saturated hamburger market, outbreaks of mad cow disease and poor service.
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