McDonald's CEO Thompson 'under siege' at home and abroad

http://ift.tt/eA8V8J In the final days of the month, its China business was hit with a food-safety scare involving a key supplier; "They're under siege on three continents," said Howard Penney, restaurant analyst at Hedgeye Risk Management, an investment research firm. To be sure, the company's famous name and the ubiquity of its restaurants worldwide help to fuel the media storm, said Penney: "McDonald's is a pawn in many instances around the world. Such upheavals are not uncommon for McDonald's and other global power houses, including Coca-Cola Co and Wal-Mart Stores Inc, experts said, though perhaps not quite so many in such a short period.



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