Fred L. Turner Net Worth



Frederick Leo Turner net worth is
$3 Million

Frederick Leo Turner Wiki: Salary, Married, Wedding, Spouse, Family

Frederick Leo Turner (January 6, 1933 – January 7, 2013) - who liked to be known simply as Fred. - was an American restaurant industry executive, chair and CEO of McDonald's. He is credited with helping to massively expand McDonald's, introducing new meals and setting service standards for the company and its employees.Turner grew up in Des Moines and Chicago, and graduated from Drake University in 1954; that 22 June, he married fellow Drake graduate Patricia Shurtleff. The couple had three daughters. Patricia died on 9 October 2000.Turner began his career at McDonald's in 1956 as a grill operator upon his discharge from the US Army, and quickly rose through the ranks. He was named Operations Vice President in 1958, when the firm had only 34 employees. In that role, he established strict guidelines for how McDonald's hamburgers and other products had to be served - including that fries "had to be precisely 0.28 inches thick", and that "exactly ten patties had to be formed from each pound of beef". "Quality, Service and Cleanliness" became his motto. He became Executive Vice President in 1967, then President and Chief Administrative Officer in 1968. He replaced Ray Kroc as Chairman in 1977, then was named Senior Chairman upon Kroc's death. Since his retirement in 2004, he has served as Honorary Chairman. Under Turner, McDonald's expanded its operations to 118 countries, with over 31,000 outlets, and more than a billion hamburgers had been sold.Turner also served as a director for Aon Corporation, Baxter International, and W. W. Grainger. He received the Horatio Alger Award in 1991. He was a member of the Bohemian Club, and Sigma Phi Epsilon.He died on January 7, 2013, the day after his 80th birthday, from complications from pneumonia. 
Full NameFrederick Leo Turner
Net Worth$3 Million
Date Of BirthJanuary 6, 1933
Died2013-01-07
Death CauseComplications from pneumonia
Place Of BirthDes Moines, Iowa, USA
OccupationBusiness executive, and former Operations VP, then CEO, McDonald's Corporation, philanthropist
ProfessionAmerican businessman
Work PositionCEO of McDonald's
NationalityAmerican
NicknamesFred L. Turner, Turner, Fred L.
Star SignCapricorn
#Fact
1Senior Chairman and member of the board of directors of McDonald's Corporation from 1990 to 2004. Began his career at McDonald's as a grill operator in 1956.

Self

TitleYearStatusCharacter
Biography1998TV Series documentaryHimself

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