Arcos Dorados Announces Key Appointments
January 04 2017 - 3:45PM
Business Wire
- Mariano Tannenbaum Appointed Chief
Financial Officer -
- Dan Gertsacov Appointed Chief Marketing
and Digital Officer -
Arcos Dorados (NYSE:ARCO) (“Arcos Dorados” or the “Company”),
the world’s largest McDonald’s franchisee operating in 20 countries
in Latin America and the Caribbean, today announced the appointment
of Mariano Tannenbaum as Chief Financial Officer and Dan Gertsacov
as Chief Marketing and Digital Officer.
Mr. Tannenbaum’s appointment is effective on February 1, 2017
and he succeeds José Carlos Alcantara, who has decided to take on
new personal and professional endeavors.
Mr. Tannenbaum brings substantial experience as a financial
executive, and has held various senior corporate positions at Arcos
Dorados since joining the firm in 2008, the most recent being
Senior Director of Corporate Finance. In this role, he was
responsible for business planning and development, as well as
management of the Company’s financing structures.
Previously, Mr. Tannenbaum had an extensive international career
in Europe and the United States, working as a Managing Director at
the IFG Group in Switzerland and Senior Treasury Manger at Tyco
International. Earlier in his career he worked at Sabre Holdings in
London. He also worked for an economic consulting group in
Argentina, and the Argentine government as part of the Ministry of
Treasury and Public Finances. Mr. Tannenbaum holds a BA in
Economics from the Universidad de Buenos Aires, a Masters in
Finance from the Universidad Torcuato Di Tella and an MBA from the
London Business School.
“Mariano has been instrumental in the oversight of the Company’s
financial management over recent years, and has leveraged strong
regional and international relationships with the financial
community to execute a number of innovative financings. Mariano’s
deep financial expertise will be invaluable as we continue to
capitalize on the long-term growth opportunity for the McDonald’s
brand in Latin America. We wish José Carlos the very best in his
new endeavors and thank him for his service to the Company,” said
Sergio Alonso, Chief Executive Officer of Arcos Dorados.
In addition, Dan Gertsacov has been promoted to Chief Marketing
and Digital Officer and replaces Raúl Mandía, Vice President of
Marketing, who has decided to pursue new opportunities after 25
years of working in the McDonald's system.
Mr. Gertsacov joined the Company in 2014 as Chief Digital
Officer, responsible for designing and implementing the Company’s
digital strategy. His previous positions include Google’s Head of
New Markets in Latin America and the Caribbean, and Univision
Networks’ Vice President of New Business. He holds a BA from the
University of Richmond and an MBA from Harvard Business School.
“Arcos Dorados’ presence in the digital space is crucial to the
ongoing success of the McDonald's brand in the region. Dan has the
necessary experience to implement the Company’s strategy to elevate
the customer experience through the introduction of innovative
technologies. We would like to thank Raúl for his substantial
contributions and wish him the best for the future,” Mr. Alonso
said.
About Arcos Dorados
Arcos Dorados is the world’s largest McDonald’s franchisee in
terms of systemwide sales and number of restaurants, operating the
largest quick service restaurant chain in Latin America and the
Caribbean. It has the exclusive right to own, operate and grant
franchises of McDonald’s restaurants in 20 Latin American and
Caribbean countries and territories, including Argentina, Aruba,
Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French
Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico,
St. Croix, St. Thomas, Trinidad & Tobago, Uruguay and
Venezuela. The Company operates or franchises over 2,100
McDonald’s-branded restaurants with over 90,000 employees and is
recognized as one of the best companies to work for in Latin
America. Arcos Dorados is traded on the New York Stock Exchange
(NYSE:ARCO). To learn more about the Company, please visit the
Investors section of our website: www.arcosdorados.com/ir.
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version on businesswire.com: http://www.businesswire.com/news/home/20170104006426/en/
Investor RelationsArcos DoradosDaniel Schleiniger, +54 11
4711 2287Vice President Corporate Communications & Investor
Relationsdaniel.schleiniger@ar.mcd.comwww.arcosdorados.com/irorMediaMBS
Value PartnersKatja Buhrer,
917-969-3438katja.buhrer@mbsvalue.com
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