Arcos Dorados Holdings

#3969

Rank

$1.7B

MarketCap UY

UY Uruguay

Country

Summary
Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's restaurants. The company has the exclusive right to own, operate, and grant franchises of McDonald's restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2021, it operated or franchised 2,261 restaurants. The company was founded in 2007 and is based in Montevideo, Uruguay.

History

McDonald’s first restaurant in this region was in Puerto Rico in 1967. Since then, McDonald’s expanded its presence across the region, opening its first stores in Costa Rica in 1970, in Brazil in 1979, in Mexico and Venezuela in 1985, and in Argentina in 1986.Arcos Dorados was formed on August 3, 2007, as a result of the acquisition of McDonald’s Corporation's Latin American business by the region’s operations managers. Prior to the acquisition, Woods Staton, Arcos Dorados’ Chairman, CEO, and controlling shareholder, was the joint venture partner of McDonald’s in Argentina for more than 20 years and also served as President of McDonald’s South Latin America division from 2004 until the acquisition. Arcos Dorados announced its initial public offering and became a publicly-traded company on April 14, 2011, after listing its shares on the New York Stock Exchange .


Mission
Be the worldwide leader in the Quick Service Restaurant (QSR) industry, providing an extraordinary experience to each customer in the most efficient way.

Vision
To become the reference company in the Latin American and Caribbean QSR industry.

Key Team

Mr. Luis Raganato (Chief Operating Officer)

Ms. Magdalena Gonzalez Victorica (Chief Technology Officer)

Mr. Daniel Schleiniger (VP of Investor Relations)

Mr. Juan David Bastidas Saldarriaga (Chief Legal Counsel)

Mr. David Grinberg (VP of Corp. Communications)

Mr. Santiago Blanco (Chief Marketing & Digital Officer)

Mr. Diego Benenzon (VP for HR)


Recognition and Awards
In 2020, forbes magazine have chosen Arcos Dorados as one of the 2020 World’s Best Employers

References
Arcos Dorados Holdings
Leadership team

Mr. Woods W. Staton (Exec. Chairman)

Mr. Marcelo Rabach (CEO & Director)

Mr. Mariano Tannenbaum (Chief Financial Officer)

Products/ Services
Food Processing, Restaurants
Headquarters
Montevideo, NA - Uruguay, Uruguay
Established
2007
Company Registration
SEC CIK number: 0001508478
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
ARCO
Social Media
Sat Feb 24 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium