McDonald's CEO Retires McDonald's Corporation abruptly announced that chairman and CEO Jack Greenberg is retiring. Greenberg has been under fire for the fast food chain's weak performance in the face of mad cow disease, price wars and complaints about poor service. NPR's Scott Horsley reports.

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McDonald's Fast Food Chain CEO Retires

December 6, 200212:00 AM ET

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Scott Horsley

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McDonald's Corporation abruptly announced that chairman and CEO Jack Greenberg is retiring. Greenberg has been under fire for the fast food chain's weak performance in the face of mad cow disease, price wars and complaints about poor service. NPR's Scott Horsley reports.