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| {{Short description|Cuban-American businessman}} | |||
| '''Ralph Alvarez''' (born ] in ]) is a ]-] businessman and the current President and ] of ]. Prior to becoming President and Chief Operating Officer, Mr. Alvarez served as President, McDonald's North America. Mr. Alvarez previously served as President, McDonald's USA, and before that, Chief Operations Officer, McDonald's USA. | |||
| {{Infobox person | |||
| |name = Ralph Álvarez | |||
| |birth_date = {{birth year and age|1955}} | |||
| |birth_place = ] | |||
| |death_date = | |||
| |death_place = | |||
| |education = ], ] (]) | |||
| }} | |||
| '''Ralph Álvarez''' (born 1955) is a ] businessman, an operating partner at ], a large global ], and a member of the ] of ]. He is the former president and ] of ].<ref> at ]</ref> | |||
| ==Early life and education== | |||
| Álvarez was born in ]. In 1976, he earned a bachelor's degree in business administration from the ] at the ].<ref>{{cite web|title=Bloomberg| website=] |url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=4259550&privcapId=139488|access-date=24 February 2017}}</ref> | |||
| ==Career== | |||
| Álvarez began his career in various leadership positions with ] and ]. In 1994, he joined ], where he served as president of McDonald's Mexico. in 1998, he was forced out of McDonald's following allegations of having an affair with a subordinate.<ref>{{Cite news|url=https://www.nytimes.com/2009/12/31/business/31mcdonalds.html|title=After Ralph Alvarez Leaves McDonald's, Succession Questions|last=Neuman|first=William|date=2009-12-30|work=The New York Times|access-date=2019-03-18|language=en-US|issn=0362-4331}}</ref> | |||
| In January 2004, he returned to McDonald's as president and chief operations officer of McDonald's USA and later, from January 2005 to August 2006, as president of McDonald's North America.<ref>{{Cite web|title=Ralph Alvarez {{!}} Eli Lilly and Company|url=https://www.lilly.com/leadership/board-of-directors/ralph-alvarez|access-date=2020-06-19|website=www.lilly.com}}</ref> Citing chronic ], Álvarez announced his retirement from McDonald's effective December 31, 2009. He was previously rehired and given a second chance after being forced out in 1998 for having an affair with a subordinate.<ref>{{Cite news|url=https://www.nytimes.com/2009/12/31/business/31mcdonalds.html|title=After Ralph Alvarez Leaves McDonald's, Succession Questions|last=Neuman|first=William|date=2009-12-30|work=The New York Times|access-date=2019-03-18|language=en-US|issn=0362-4331}}</ref> | |||
| In 2009, he was appointed a member of the ] of ], a ] global pharmaceutical corporation. He also serves as a member of the board of directors at ], Traeger, Inc., ], and several private companies. He previously served on the boards of McDonald’s Corporation, ], ], ], and Skylark Co., Ltd. | |||
| In July 2017, he became an operating partner at ], a large global ].<ref>{{Cite web|title=Ralph Alvarez {{!}} Eli Lilly and Company|url=https://www.lilly.com/leadership/board-of-directors/ralph-alvarez|access-date=2020-06-19|website=www.lilly.com}}</ref> | |||
| ==References== | |||
| {{reflist}} | |||
| ==External links== | ==External links== | ||
| * at ] | |||
| * | * at ] | ||
| * | |||
| * - ''Latino Leaders'' magazine | |||
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| {{McDonald's}} | {{McDonald's}} | ||
| {{Eli Lilly and Company}} | |||
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Latest revision as of 20:28, 28 April 2024
Cuban-American businessman| Ralph Álvarez | |
|---|---|
| Born | 1955 (age 69–70) Cuba |
| Education | Miami Herbert Business School, University of Miami (BBA) |
Ralph Álvarez (born 1955) is a Cuban American businessman, an operating partner at Advent International, a large global private equity firm, and a member of the board of directors of Eli Lilly and Company. He is the former president and chief operations officer of McDonald's.
Early life and education
Álvarez was born in Cuba. In 1976, he earned a bachelor's degree in business administration from the University of Miami School of Business at the University of Miami.
Career
Álvarez began his career in various leadership positions with Burger King and Wendy's. In 1994, he joined McDonald's, where he served as president of McDonald's Mexico. in 1998, he was forced out of McDonald's following allegations of having an affair with a subordinate.
In January 2004, he returned to McDonald's as president and chief operations officer of McDonald's USA and later, from January 2005 to August 2006, as president of McDonald's North America. Citing chronic knee pain, Álvarez announced his retirement from McDonald's effective December 31, 2009. He was previously rehired and given a second chance after being forced out in 1998 for having an affair with a subordinate.
In 2009, he was appointed a member of the board of directors of Eli Lilly and Company, a Fortune 500 global pharmaceutical corporation. He also serves as a member of the board of directors at Lowe’s Companies, Traeger, Inc., First Watch Restaurant Group, and several private companies. He previously served on the boards of McDonald’s Corporation, Realogy Holdings, KeyCorp, Dunkin’ Brands Group, Inc., and Skylark Co., Ltd.
In July 2017, he became an operating partner at Advent International, a large global private equity firm.
References
- "Ralph Alvarez" at Eli Lilly and Company
- "Bloomberg". Bloomberg News. Retrieved 24 February 2017.
- Neuman, William (2009-12-30). "After Ralph Alvarez Leaves McDonald's, Succession Questions". The New York Times. ISSN 0362-4331. Retrieved 2019-03-18.
- "Ralph Alvarez | Eli Lilly and Company". www.lilly.com. Retrieved 2020-06-19.
- Neuman, William (2009-12-30). "After Ralph Alvarez Leaves McDonald's, Succession Questions". The New York Times. ISSN 0362-4331. Retrieved 2019-03-18.
- "Ralph Alvarez | Eli Lilly and Company". www.lilly.com. Retrieved 2020-06-19.
