Great American Business Leaders of the 20th Century

Raymond A. Kroc
McDonald's Corporation
1955–1973
1955–1973
McDonald's Corporation
1955–1973
1955–1973
- Industry: Restaurants & Lodging
- Era: 1950
Kroc capitalized on America’s “eat on the run” society. Believing in the real profits of fast food, he bought out the McDonald brothers and developed a restaurant empire. By the 1960s, he had 228 restaurants with annual sales totaling $37 million. Kroc emphasized standard production policies to “routinize” the work process. His approach has been imitated by hundreds of “would-be” competitors.
Personal
- Born-Died: 1902–1984
- Birthplace: Illinois
- Race: White
- Gender: Male
- Father: Laborer, Skilled
Education / Military
- Military Service: Ambulance Corp