Jim Cantalupo
American businessman
James Richard Cantalupo (November 14, 1943 – April 19, 2004) was an American businessman. He was chairman and chief executive officer of McDonald's Corporation from 1991 to 1999, and again from 2003 until his sudden death by heart attack at the age of 60.2
From Wikipedia’s article on Jim Cantalupo (this version), CC BY-SA 4.0.
Born Nov 14, 1943, died Apr 19, 2004.1
Companies
- Illinois Tool WorksBoard member Sep 22, 2003 to Mar 22, 200411
- McDonald'sChair Jul 31, 2003 to Feb 19, 200412
- McDonald'sChief executive officer 2002 to 200413
Holdings
Stock this person has reported owning, from the forms officers and directors file with the SEC. See the biggest insider stakes.
Shares held
McDonald's MCD375,540 shares14$92.3M at $245.74Feb 19, 2004
Illinois Tool Works ITW5,366 shares15$1.5M at $276.62Mar 19, 2004
As of each latest filing. The line shows shares held over time.
Recent filings
- Mar 19, 2004Granted 751 shares at $77.13 of Illinois Tool Works15
- Feb 18, 2004Sold 21,000 shares at $26.95 of McDonald's14
- Feb 18, 2004Sold 1,700 shares at $26.97 of McDonald's14
- Feb 18, 2004Sold 1,555 shares at $26.96 of McDonald's14
- Feb 11, 2004Granted 900 shares at $79.31 of Illinois Tool Works16
- Jan 28, 2004Shares withheld for tax 126,596 shares at $24.86 of McDonald's17
- Jan 28, 2004Exercised options 176,000 shares at $14.97 of McDonald's17
- Dec 15, 2003Granted 250 shares at $81.75 of Illinois Tool Works18
- Oct 24, 2003Shares withheld for tax 64,638 shares at $24.00 of McDonald's19
- Oct 24, 2003Exercised options 88,000 shares at $14.97 of McDonald's19
- Sep 19, 2003Granted 196 shares at $72.13 of Illinois Tool Works20
- Jul 30, 2003Shares withheld for tax 67,777 shares at $22.20 of McDonald's21
- Jul 30, 2003Exercised options 88,000 shares at $14.97 of McDonald's21
Early life and education
- Date not recordedUniversity of Illinois Urbana-Champaign3
Career
Occupation: manager, businessperson.6
- 2002 to 2004Chief executive, McDonald's4
- Date not recordedChief executive officer, McDonald's5
He became a certified public accountant and worked for Arthur Young for eight years, where McDonald's was a client. He was offered the job of controller with a substantial salary increase with the then fast growing McDonald's before taking a month to decide, finally joining in 1974. In the same year he was promoted to vice president and senior vice president in 1981. He became president of McDonald's International in 1987 and its CEO in 1991. He lost the top job to Jack Greenberg in 1999. McDonald's announced his retirement plans in April 2001, but on December 1 Greenberg resigned and Cantalupo agreed to stay on for another year to help with the management transition.
Cantalupo succeeded as CEO and chairman on January 1, 2003. Shareholders were not impressed, thinking that his appointment indicated that the company was "inbred". However, credit was given to Cantalupo for the company's recovery in the succeeding 12 months: "he devised a plan" which included "accelerating the introduction of healthier foods, such as salads".
Cantalupo previously was on the board of directors of Sears, Roebuck and Company. He was attending a McDonald's convention in Orlando, Florida when he was stricken with a heart attack and later died. McDonald's Japan CEO Den Fujita died of heart failure two days later.
From Wikipedia’s article on Jim Cantalupo (this version), CC BY-SA 4.0.
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataJim Cantalupo on Wikidata
- 2WikipediaJim Cantalupo on Wikipedia
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- 11SEC EDGARIllinois Tool Works, Board member
- 12SEC EDGARMcDonald's, Chair
- 13Wikidata and SEC EDGARMcDonald's, Chief executive officer
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- 16SEC EDGARForm 4 filed Feb 12, 2004
- 17SEC EDGARForm 4 filed Jan 30, 2004
- 18SEC EDGARForm 4 filed Dec 16, 2003
- 19SEC EDGARForm 4 filed Oct 27, 2003
- 20SEC EDGARForm 4 filed Sep 22, 2003
- 21SEC EDGARForm 4 filed Jul 31, 2003