Essayer OR - Gratuit
McDo looks forward to 64
The Philippine Star
|April 09, 2025
Golden Arches Development Corp. (GADC), which has held the franchise to operate the McDonald’s brand in the Philippines for the past 44 years, is now looking to expand and grow the American restaurant in the country for another 20 years, with GADC president and CEO Kenneth Yang (who is turning 60) taking a more public role even as his father, GADC chairman and founder George Yang enjoys a more relaxed role at 86 years “young.”
George, Kenneth reveals, continues to coach him and still goes to the office everyday, “something that will never change” if his father can help it. Kenneth and his team regularly consult and update George, who shares his wisdom and past experiences. This helps Kenneth and the rest of the management team deal with any situation that they encounter.
George, in fact, last Friday appeared ready to dance up a storm in his blue suede shoes and snazzy suit, with the trademark red and yellow McDonald’s shirt, as GADC formally announced the renewal of its franchise agreement with Chicago-based McDonald’s Corp.
However, George showed that he is ready to relinquish the limelight to Kenneth who took center stage – alongside host and former McDonald’s crew member Rico Hizon – in announcing, during a simulcast livestream and press conference, the 20-year franchise renewal to media guests in Quezon City, Cebu and Davao.
It was refreshing and indeed a proud moment for George to sit quietly and allow Kenneth to take a more public role after Kenneth has most capably steered the company behind the scenes since 2005 while leaving most of the public events and hosting, and promotion to his father who is also well-known for his singing prowess, and even has a couple of CD records that he has given to family and friends.
Cette histoire est tirée de l'édition April 09, 2025 de The Philippine Star.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Philippine Star
The Philippine Star
ICE shooter married to Pinay immigrant, says dad
US Immigration and Customs Enforcement (ICE) agent Jonathan Ross - who fatally shot a woman in Minnesota on Wednesday - is an Iraq war veteran married to an immigrant Filipina, according to Ross' father.
2 mins
January 11, 2026
The Philippine Star
When power speaks without asking permission
In a Jan. 4, 2026 Substack essay that has been circulating quietly but intensely among defense analysts and policymakers here in Washington, geopolitical writer Shanaka Anslem Perera distilled what many in this town sensed almost immediately after the early hours of Jan. 3.
3 mins
January 11, 2026
The Philippine Star
A blank check against the Constitution: Why unprogrammed appropriations must fall
Unprogrammed appropriations (UA), as embedded in recent General Appropriations Acts, represent a grave constitutional distortion of the national budget process and must be declared unconstitutional by the Supreme Court.
2 mins
January 11, 2026
The Philippine Star
Retirement, resilience and showing up
I spent Friday night at BGC not for a night out in some -swanky bar or speakeasy but at the Philippine Stock Exchange tower with PSE president and CEO Ramon Monzon and PSE COO Roel Refran.
3 mins
January 11, 2026
The Philippine Star
Longest ever Traslacion ends after nearly 31 hours
After almost 31 hours, the revered 400-year-old statue of the Black Nazarene was returned to Quiapo Church yesterday in what was considered the longest and most attended observance of the Traslacion or the procession of the image in history.
4 mins
January 11, 2026
The Philippine Star
DILG chief bares P30-M kickback scheme at BFP
Two senior officials of the Bureau of Fire Protection (BFP) are under investigation for alleged irregularities in the procurement of fire extinguishers worth P30 million for a condominium building, according to the Department of the Interior and Local Government (DILG).
1 min
January 11, 2026
The Philippine Star
Japan foreign minister to visit Manila this week
Japan's Foreign Minister Toshimitsu Motegi is scheduled to visit Manila this week for high-level meetings with Philippine officials led by Foreign Affairs Secretary Ma. Theresa Lazaro.
1 min
January 11, 2026
The Philippine Star
Lawyer: Seizure of Zaldy Co cars illegal
The seizure of vehicles linked to former Ako Bicol party-list Rep. Zaldy
1 mins
January 11, 2026
The Philippine Star
Quiapo Church vows changes in Nazarene celebration
The leadership of Quiapo Church on Saturday vowed to institute changes in the celebration of the Feast of Jesus Nazareno, after the Traslacion took nearly 31 hours to complete.
1 mins
January 11, 2026
The Philippine Star
DepEd's anti-bully program gets P100 M
The Department of Education has allocated at least P100 million to fund the program on bullying prevention, values formation and learner support.
1 min
January 11, 2026
Listen
Translate
Change font size
