McDonald's Japan names Canadian woman to take helm | Inquirer Business

McDonald’s Japan names Canadian woman to take helm

/ 08:15 AM August 28, 2013

AP FILE PHOTO

TOKYO—McDonald’s Japan named a Canadian woman to take the helm Tuesday, an extremely rare appointment in a nation where locally born, graying men dominate the business world.

Sarah Casanova, 48, a veteran of the hamburger chain’s global operations, replaced Eiko Harada, who will remain as the head of the firm’s holding company, McDonald’s Japan Holdings.

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McDonald’s Japan is struggling to improve its sagging earnings as the Japanese market for casual dining continues to shrink.

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The appointment of a female chief executive officer at the operating company should help enhance diversity at the company’s board, Harada said in a statement.

Casanova joins a small group of foreign-born executives to lead major Japanese firms.

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Notable leaders include Carlos Ghosn at automaker Nissan, Monika Merz at Toys “R” Us-Japan and Howard Stringer, a former Sony chairman.

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TAGS: Busines, company, gender, Japan, McDonalds, Women

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