Businessman

Woods Staton Net Worth

Woods Staton Net Worth is
$1.7 Billion



Woods Staton Biography

$1.7 Billion: Mr. Woods Staton acts as the Chairman and CEO of Arcos Dorados Holdings, Inc. since 2007 and an associate of the International Advisory Panel of Itaú Unibanco Keeping S.A. Mr. Staton acts as the Handling Director of Pegasus Capital. He acts as the President and CEO of Arcos Dorados, S.A. He acts as the Chairman and CEO of Restco Iberoamericana, Limited. He offered as the President of the South Cone Area of McDonald’s Company, which may be the dominant participant and best Quick Assistance Cafe chain in Latin America. Mr. Staton provides over 20 years knowledge in International Business. Before you start and establishing McDonald’s in Argentina in 1985, he served as the Advertising Vice President of Grupo Indega (Panamco Colombia, Coca-Cola bottler) in Bogotá, Colombia between 1981 and 1982. Mr. Staton provides spent eight years with Spal (Panamco Brazil, Coca-Cola bottler) in Porto Alegre, Brazil as an over-all Supervisor. He has for a long time been an Executive Panel person in the American Chamber of Commerce in Argentina, and may be the Vice Treasurer of this entity. Until 2003 when the business was marketed to Femsa, Mr. Staton was the nonexecutive Chairman of Panamerican Drinks, the biggest Coca-Cola bottler in Latin America with functions in Mexico, Costa Rica, Guatemala, Panama, Colombia, Venezuela, and Brazil. He’s also on the Panel of other non- revenue organizations like the Salas Nacionales de Artes – Palais de Glace (Art Exhibitions Center), Ashoka Argentina, and may be the Mind of the Executive Committee of Endeavor Argentina. Mr. Staton can be actively associated with Ronald McDonald Home Charities and provides been its Founder and President in Argentina. He retains a B.A. level in Economics from Emory University in Atlanta in 1971 and an M.B.A. level from IMD in Lausanne, Switzerland in 1976. Woods Staton net worthy of: Woods Staton may be the ex – President and CEO of Arcos Dorados (the biggest McDonald’s franchise in the globe). Woods Staton includes a net worthy of of $1.7 billion. The Colombian billionaire retains a master’s degree running a business administration from IMD, in Switzerland, in addition to a Bachelor’s level in Economics from Emory University. Woods began his profession as the JV Partner for McDonald’s in Argentina, before obtaining the President of the McDonald’s South Latin America Division. In the meantime, Woods proved helpful in Panamco, the biggest Coca-Cola bottler in Latin America that was founded by his grandfather. Ultimately, he became Panamco’s CEO. The 1st time McDonald’s sought him out was in 1982, to be able to open its initial restaurants in Colombia, that was halted by guerrilla violence and import limitations. It had been in 1985, when Staton accepted an give to start the chain in Argentina with the backing of McDonald’s Chairman and CEO Fred Turner. This timing ended up being a win-win combination. Since, the junk food chain extended his responsibilities to oversee Chile, Paraguay and Uruguay, and Colombia, Ecuador, Peru and Venezuela. In 2007, Arcos Dorados (or “Golden Arches” in Spanish) provided McDonald’s $700 million for the rights to carry out McDonald’s both in Latin America and the Caribbean. Staton became a billionaire in April 2011, when the group that presently owns around 1,880 outlets in 20 countries and territories, debuted on the brand new York STOCK MARKET. Staton’s Arcos Dorados (this means “Golden Arches” in Spanish) paid $700 million in 2007 for the privileges to use McDonald’s throughout Latin America and the Caribbean. He became a billionaire in April 2011, when the group, which today owns 1,775 in 20 countries, debuted on the brand new York Stock Exchange.


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