Jack Greenberg Quotes

While this has been a tough six months, we are intent upon improving the business by building comparable sales around the world through improved operations, effective marketing and menu development. - Jack Greenberg

While eliminating jobs is a painful process -- both personally and culturally -- it is necessary to make these changes to refocus and realign with our restaurants and, where appropriate, bring home office resources closer to them. - Jack Greenberg

We want the line -- which for McDonald's includes our divisional and regional staffs, owner/operators and restaurant personnel -- to make decisions on behalf of customers based on field operating needs. The line ultimately has responsibility and accountability for our business success. - Jack Greenberg

We want staff functions to support line decisions and maximize their impact. - Jack Greenberg

We extended our considerable lead internationally and achieved a remarkable turnaround in our U.S. business. - Jack Greenberg

We believe that a significant majority of them will stay open as Boston Markets. But some will close and some will be converted to McDonald's and to a couple of other brands. - Jack Greenberg

To fund the additional capital expenditures related to U.S. initiatives, we expect to moderate share repurchases to approximately $500 million in 2003 as well as reduce global new restaurant openings. - Jack Greenberg

This year has been challenging for McDonald's... But I am confident that our strategies are right and we will see significant improvement in 2002, setting the stage for stronger growth in 2003 and beyond. - Jack Greenberg

This has been a challenging year for many global companies, including McDonald's... While I am not pleased with our overall results, I am proud of how our system has responded to the many difficult conditions we've faced. - Jack Greenberg

The U.S. delivered an extremely strong performance. - Jack Greenberg

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