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Raymond Albert Kroc (October 5, 1902 – January 14, 1984) was an American businessman. He obtained the fast food company McDonald's in 1961 from the McDonald brothers and was its CEO from 1967 to 1973.
Ray Kroc, a Multimixer salesman, saw the restaurant's potential and became McDonald's first franchise agent. In 1955, Kroc founded McDonald's System, Inc., which would later become the McDonald's ...
In 1956, Ray Kroc met Harry J. Sonneborn, a former vice president of finance for Tastee-Freez, who offered an idea to accelerate the growth and investment grade of Kroc's planned McDonald's operation: to own the real estate upon which future franchises would be built. Kroc hired Sonneborn and his plan was executed by forming a separate company ...
The brothers drew the attention of Ray Kroc, a milkshake mixer salesman for Prince Castle. [11] After they purchased eight of his Multi-Mixers for their San Bernardino, California restaurant, Kroc visited that restaurant in 1954. [12] That year the McDonald brothers hired Kroc as their franchise agent.
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The Founder is a 2016 American biographical drama film directed by John Lee Hancock and written by Robert Siegel.Starring Michael Keaton as businessman Ray Kroc, the film depicts the story of his creation of the McDonald's fast-food restaurant chain, which eventually involved forcing out the company's original founders to take control with conniving ruthlessness.
The purchase of the chain from the McDonald brothers by Ray Kroc did not affect the Downey restaurant, as it was franchised under an agreement with the McDonald brothers, not with Kroc's company McDonald's Systems, Inc., which later became McDonald's Corporation. As a result, the restaurant was not subject to the modernization requirements that ...
Hamburger University training started in 1961 with a class of 14 people in the basement of one of its restaurants. The educational program was operated by Fred L. Turner, a grill cook. [4] Turner would eventually contribute significantly to the growth of McDonald's and become the CEO of McDonald's for 20 years.