McDonald's Korea chief to supervise 8 new markets

McDonald’s Korea Managing Director Joe Erlinger

By Park Si-soo

McDonald's Korea Managing Director Joe Erlinger was named chief financial officer (CFO) supervising financial affairs of the American fast-food giant’s eight high-growth markets around the globe.

He will also retain his leadership of the firm’s Korean unit. The eight new markets under his control are Italy, Switzerland, the Netherlands, Spain, Russia, Poland, China and Korea.

The eight markets have shown consistent growth in recent years and also have high growth potential out of 120 nations where McDonald’s has a business presence, the company said.

Erlinger joined McDonald’s in 2002 and held a number of core positions at McDonald’s global headquarters in the U.S. He was appointed managing director of the firm’s Korean unit in 2013.

“It would not have been possible for me to take the important role of CFO of McDonald’s high-growth segment without the company’s overall growth, which was achieved through McDonald’s Korea employees’ devotion and the affection of Korean customers,” he said in a press release. “I’ll make a continuous effort in integrating the Korean market and create synergy across the segment, contributing to McDonald’s sustainable growth.”