McDonald's is a hospitality company focusing on fast food, customer service, and brand recognition. Founded in 1940 by Richard and Maurice McDonald in San Bernardino, California, the company has since grown to become a global leader in the fast food industry. With its iconic golden arches and a diverse range of products, McDonald's has a strong presence in many countries around the world. Christopher J. Kempczinski serves as the CEO, steering the company toward continued success.
Based in Chicago, IL, McDonald's boasts an employee base of 210,000 and an impressive annual revenue of $23.2 billion. The company attracts a diverse workforce, with a majority of female employees and a significant percentage of ethnic minorities. Despite its high turnover rate, McDonald's remains an industry leader and competes with other major brands such as Vudu, Yum! Brands, and Panera Bread. With its commitment to quality food and service, McDonald's continues to enjoy its status as an iconic brand in the hospitality sector.