OAK BROOK Ill. While the announcement Tuesday of the retirement of McDonaldâ€™s chief operating officer Ralph Alvarez surprised the analyst community, many expressed confidence in the quick-service chainâ€™s ability to seamlessly replace him.McDonaldâ€™s, which has faced the sudden loss of leadership before, has a deep bench of experienced executives and leadership development practices, observers said, noting that the issue of succession planning is under increased scrutiny by the Securities and ...
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