US EditionYangs get 20 more years to operate McDonald’s in PH
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2 Articles
Yangs get 20 more years to operate McDonald’s in PH
McDonald’s Philippines has renewed its franchise to operate in the country for another 20 years as it seeks to expand its network to 800 stores this year. Under the new terms, McDonald’s Philippines, through master franchise holder Golden Arches Development Corp. (GADC), can operate and subfranchise the American fast-food chain until 2045. Under the leadership
Kenneth Yang looks back on McDonald’s PH operations amid fresh franchise
Golden Arches Development Corporation (GADC) president and chief executive officer Kenneth Yang may call the shots at McDonald’s Philippines today. But at a press conference on Friday, April 4, he reminisced on his humble start as a crew member for the fast food giant. Kenneth is the son of George Yang, GADC’s founder and chairman, and the holder of the master franchise to McDonald’s since 1981. The younger Yang was only 16 when his father was g…
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