ASML Holding vs McDonald's: Founders, CEOs and History
ASML Holding was founded in 1984 by Philips Electronics, Arthur del Prado and is led by Christophe Fouquet. McDonald's was founded in 1940 by Maurice James McDonald, Richard James McDonald, Ray Kroc and is led by Chris Kempczinski.
Company facts
ASML Holding
- Founded
- 1984
- Headquarters
- Veldhoven, Netherlands
- Current CEO
- Christophe Fouquet
- Employees
- 44,209
McDonald's
- Founded
- 1940
- Headquarters
- Chicago, Illinois, United States
- Current CEO
- Chris Kempczinski
- Employees
- 150,000
Founders
ASML Holding
Philips Electronics
ASML was not founded by an individual with a vision. It was an underfunded joint venture between a conglomerate that wanted a project off its books and a smaller equipment company that wanted into lithography.
Arthur del Prado
Del Prado contribution to ASML was structural and financial rather than technical.
McDonald's
Maurice James McDonald
Maurice "Mac" McDonald co-founded McDonald's with his brother Richard in 1940, opening a barbecue drive-in in San Bernardino, California.
Richard James McDonald
Richard McDonald co-founded McDonald's and played a leading role in the 1948 redesign that turned a local drive-in into the template for modern fast food.
Ray Kroc
Ray Kroc opened his first McDonald's franchise in Des Plaines, Illinois in 1955 and built the franchising organization that made the brand famous far beyond California.
CEOs and their tenures
ASML Holding
- Willem Maris1990–1999
President and Chief Executive Officer
Willem Maris was recruited from the Philips managerial ranks to run ASML in 1990, when the company was still loss-making and dependent on parent funding. His first task was keeping it solvent through the early 1990s downturn.
Source - Doug Dunn1999–2004
President, Chief Executive Officer and Chairman of the Board
Doug Dunn took over as president and chief executive on April 1, 1999 and ran ASML through the dot-com boom and the sharp semiconductor downturn that followed.
Source - Eric Meurice2004–2013
President and Chief Executive Officer
Eric Meurice was appointed president and chief executive effective October 1, 2004, joining from Thomson where he ran the television division.
Source - Peter Wennink2013–2024
President and Chief Executive Officer
Peter Wennink joined ASML as chief financial officer in 1999 after a career at Deloitte Accountants covering semiconductor clients, and became chief executive on July 1, 2013, leading the company jointly with technology chief Martin van den Brink.
Source - Christophe Fouquet2024–present
President, Chief Executive Officer and Chair of the Board of Management
Christophe Fouquet became president and chief executive on April 24, 2024, succeeding Peter Wennink and Martin van den Brink.
Source
McDonald's
- Ray Kroc1967–1973
CEO
Under Kroc's executive leadership, McDonald's scaled from a regional drive-in licensing experiment into an international enterprise with over 2,500 locations and $1 billion in annual systemwide sales by the end of his CEO tenure in 1973.
Source - Fred Turner1974–1987
CEO
Turner expanded McDonald's from roughly 2,500 restaurants in 1974 to over 10,000 across 45 countries by 1987, multiplying systemwide sales from $1.9 billion to over $14 billion.
Source - Michael R. Quinlan1987–1998
CEO
During Quinlan's 11-year CEO tenure, McDonald's expanded from approximately 10,000 to over 24,000 restaurants globally, and annual systemwide sales rose from $14.3 billion in 1987 to $36 billion in 1998.
Source - Jack M. Greenberg1998–2002
CEO
Greenberg pushed global restaurant count past 30,000, but rapid store expansion cannibalized existing franchisees and kitchen complexity slowed drive-thru service.
Source - James R. Cantalupo2003–2004
CEO
Under Cantalupo's leadership, McDonald's launched the global 'I'm Lovin' It' campaign and introduced premium salads, driving 11 consecutive months of positive same-store sales growth.
Source - Charlie Bell2004–2004
CEO
During Bell's seven-month tenure, McDonald's generated 7.5% global comparable sales growth in 2004, its strongest operational performance in over a decade.
Source - Jim Skinner2004–2012
CEO
Skinner generated roughly 250% total shareholder returns between 2004 and 2012. Annual systemwide sales expanded from $46 billion to $86 billion, McCafé was rolled out internationally, and the company completed the complete divestiture of Chipotle, Boston Mark…
Source - Don Thompson2012–2015
CEO
Rapid menu proliferation complicated kitchen operations and pushed drive-thru wait times to historical highs.
Source - Steve Easterbrook2015–2019
CEO
Easterbrook refranchised over 4,000 company-owned locations to lift franchised ownership from 81% to approximately 93%, expanding operating margin from 29% to 43%.
Source - Chris Kempczinski2019–present
CEO
Since becoming CEO in November 2019, Kempczinski executed the 'Accelerating the Arches' framework, growing FY2025 consolidated revenue to $26.885 billion and net income to $8.563 billion.
Source
Timeline: ASML Holding and McDonald's side by side
1940McDonald's
First McDonald's Opens in San Bernardino
Richard and Maurice McDonald opened the first McDonald's restaurant on May 15, 1940 in San Bernardino, California. The original drive-in gave the brothers a live operating laboratory before they stripped the model down to a faster, lower-cost menu.
1948McDonald's
Speedee Service System Introduced
The brothers simplified operations in 1948 around 15-cent hamburgers, shakes, and fries.
1955McDonald's
Ray Kroc Opens Des Plaines Restaurant
Ray Kroc opened his first McDonald's in Des Plaines, Illinois on April 15, 1955 after becoming the brothers' franchise agent. That restaurant became the base for converting a California operating idea into a national franchise system.
1961McDonald's
Hamburger University Opens
Hamburger University opened in the basement of an Elk Grove Village, Illinois restaurant in 1961. The training program mattered because it formalized the standards and operating routines that franchisees needed to deliver a consistent experience.
1961McDonald's
Kroc Buys the Brothers' Company
McDonald's says it acquired the rights to the brothers' company in 1961 for $2.7 million. The deal gave Kroc control of the name and system, setting up the real estate-backed franchise model that later defined parent-company economics.
1968McDonald's
Big Mac Added to National Menu
The Big Mac, developed by owner-operator Jim Delligatti of Pittsburgh, was added to the national menu in 1968. It became a durable core product and a recognizable signal of the company's ability to turn franchisee ideas into systemwide menu platforms.
1975McDonald's
Egg McMuffin Builds Breakfast
The Egg McMuffin, created by owner-operator Herb Peterson of Santa Barbara, California, was added to the national menu in 1975. It helped turn breakfast into a major daypart rather than leaving the restaurants dependent on lunch and dinner traffic.
1984ASML Holding
Founded as ASM Lithography in Eindhoven
ASM Lithography starts operations on April 1, 1984 as a joint venture between Philips and ASM International, with the mandate to commercialize the PAS 2000 wafer stepper developed inside Philips.
1986ASML Holding
PAS 2500 stepper and the Carl Zeiss partnership
ASML brings the PAS 2500 stepper to market with a new wafer alignment system developed by first chief scientist Steef Wittekoek, and establishes the optics partnership with Carl Zeiss that still supplies every ASML lithography system.
1988ASML Holding
ASM International withdraws and Philips funds a rescue
With few customers and heavy cash consumption, ASM International decides to stop funding the joint venture while Philips launches a company-wide cost-cutting program.
1991ASML Holding
PAS 5500 platform turns the company around
ASML launches the PAS 5500 platform, whose productivity and resolution win the first large orders from Intel and IBM under chief executive Willem Maris and take the company to profitability. PAS 5500 systems are still running in customer fabs decades later.
1995ASML Holding
IPO in Amsterdam and on Nasdaq
ASML becomes a fully independent public company with a dual listing on the Amsterdam Stock Exchange and Nasdaq. Philips sells half of its shares at the IPO and divests the remainder over the following years.
2001ASML Holding
TWINSCAN platform launched and Silicon Valley Group acquired
ASML introduces the TWINSCAN dual-stage architecture, which exposes one wafer while the next is measured and aligned, lifting throughput and overlay accuracy above competing systems.
2003ASML Holding
First immersion lithography system
The TWINSCAN AT:1150i debuts as ASML's first immersion machine, projecting 193 nanometer light through a layer of ultrapure water between the lens and the wafer to raise resolution.
2003McDonald's
I'm Lovin' It Campaign Launches
McDonald's launched its global "I'm lovin' it" marketing campaign in 2003, its first worldwide brand campaign.
2010ASML Holding
First EUV prototype shipped
ASML ships the TWINSCAN NXE:3100, its first extreme ultraviolet lithography tool, to the research facility of an Asian chipmaker.
2012ASML Holding
Customer Co-Investment Program with Intel, TSMC and Samsung
Intel, TSMC and Samsung acquire newly issued ASML shares equal to an aggregate 23 percent minority stake for ~$4.35 billion (3.85 billion euros) in cash, and separately commit ~$1.56 billion (1.38 billion euros) of R&D funding over five years dedicated to EUV…
2013ASML Holding
Cymer acquisition completed and second-generation EUV shipped
ASML completes the acquisition of Cymer, the San Diego supplier of the light sources used in its lithography systems, in a cash-and-stock deal valued at ~$2.2 billion (1.95 billion euros) when it was agreed in October 2012.
2017ASML Holding
EUV enters high-volume manufacturing
ASML begins shipping the production-ready TWINSCAN NXE:3400B after customers started ordering the NXE:3400 generation in batches in 2016, roughly two decades after EUV research began.
2017McDonald's
Global McDelivery Day with UberEATS
McDonald's marked Global McDelivery Day in 2017 to support the broader launch of McDelivery with UberEATS. Delivery expanded restaurant reach beyond the counter and drive-thru, while also adding packaging, marketplace-fee, and kitchen-throughput challenges.
2019ASML Holding
Dutch government stops EUV exports to China
The Netherlands does not renew ASML's export licence for EUV systems to China, the start of a widening export control regime.
2019McDonald's
Dynamic Yield Acquisition
McDonald's agreed to acquire Dynamic Yield in 2019 to personalize drive-thru menu boards, kiosks, and app experiences using signals such as time of day, weather, restaurant traffic, and trending items.
2023ASML Holding
First High-NA EUV system shipped
ASML ships the first of its next-generation EUV systems with a numerical aperture of 0.55, the TWINSCAN EXE:5000, to Intel in Hillsboro, Oregon.
2024ASML Holding
Christophe Fouquet becomes chief executive
Peter Wennink and Martin van den Brink step down as presidents of ASML on April 24, 2024 and Christophe Fouquet becomes president, chief executive officer and chair of the Board of Management.
2024McDonald's
Quarter Pounder E. Coli Outbreak
U.S. Public health agencies linked a 2024 E. Coli outbreak to slivered onions served on McDonald's Quarter Pounders in affected states.
2025ASML Holding
Record year, first EXE:5200B and Mistral AI investment
ASML reports total net sales of ~$37 billion (32.7 billion euros), up 15.6 percent, net income of ~$10.8 billion (9.6 billion euros), a gross margin of 52.8 percent and 535 systems sold, and closes the year with a backlog of ~$43.8 billion (38.8 billion euros)…
2025McDonald's
$26.9B FY2025 Revenue
McDonald's reported $26.885 billion in FY2025 revenue and $8.563 billion in net income.
Acquisitions
ASML Holding
- Berliner Glas Group2020Undisclosed
- Hermes Microvision Inc. (HMI)2016$3.1B
- Cymer Inc.2013$2.6B
- Brion Technologies2007$270M
- Silicon Valley Group (SVG)2001$1.6B
McDonald's
- Dynamic Yield2019$300M
- Apprente2019Undisclosed
- Boston Market2000$173.5M
- Donatos Pizza1999Undisclosed
- Chipotle Mexican Grill stake1998Undisclosed
Questions about ASML Holding vs McDonald's
Who is the CEO of ASML Holding NV and McDonald's Corporation?
ASML Holding NV is led by Christophe Fouquet and McDonald's Corporation is led by Chris Kempczinski. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was ASML Holding NV founded vs McDonald's Corporation?
McDonald's Corporation was founded in 1940 — 44 years before ASML Holding NV, which was founded in 1984. McDonald's Corporation's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger ASML Holding NV.
How many employees does ASML Holding NV have compared to McDonald's Corporation?
ASML Holding NV employs approximately 44,209 people, while McDonald's Corporation employs approximately 150,000. McDonald's Corporation has the larger workforce at 150,000 employees, compared to ASML Holding NV's 44,209. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are ASML Holding NV and McDonald's Corporation headquartered?
ASML Holding NV is headquartered in Netherlands and McDonald's Corporation is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded ASML Holding NV and McDonald's Corporation?
ASML Holding NV was founded by Philips Electronics, Arthur del Prado. McDonald's Corporation was founded by Maurice James McDonald, Richard James McDonald, Ray Kroc.
Which company has a longer operating history — ASML Holding NV or McDonald's Corporation?
McDonald's Corporation has been operating for approximately 86 years, making it the more established of the two companies. ASML Holding NV has been in operation for around 42 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the ASML Holding vs McDonald's overview