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Disney vs McDonald's: Founders, CEOs and History

Disney was founded in 1923 by Roy O. Disney, Walt Disney and is led by Josh D'Amaro. McDonald's was founded in 1940 by Maurice James McDonald, Richard James McDonald, Ray Kroc and is led by Chris Kempczinski.

Company facts

Disney

Founded
1923
Headquarters
Burbank, California
Current CEO
Josh D'Amaro
Employees
231,000

McDonald's

Founded
1940
Headquarters
Chicago, Illinois, United States
Current CEO
Chris Kempczinski
Employees
150,000

Founders

Disney

  • Roy O. Disney

    The Walt Disney Company possesses arguably the most well-known, mythologized founding story in American corporate history, rooted in an artistic ambition and the desperate, scrappy origins of early animation.

  • Walt Disney

    Walt Disney co-founded Disney Brothers Studio in 1923 and became the company's central creative force.

Disney founders in full

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.

McDonald's founders in full

CEOs and their tenures

Disney

  1. Bob Iger2005–2026

    Former Chief Executive Officer

    Iger turned Disney into a franchise owner with Marvel, Star Wars and Pixar at its core and moved it into direct-to-consumer streaming. His second term focused on making streaming profitable, defeating Trian's 2024 proxy fight and completing CEO succession.

    Source
  2. Bob Chapek2020–2022

    Former Chief Executive Officer

    Disney+ subscriptions grew rapidly during his tenure, but streaming losses, a dispute with Scarlett Johansson over Black Widow and Disney's conflict with Florida officials weighed on his standing. The board replaced him with Bob Iger in November 2022.

    Source
  3. Hugh Johnston2023–present

    Senior EVP and Chief Financial Officer

    As CFO, he executed aggressive cost-cutting measures that helped Disney's streaming division reach profitability ahead of initial timelines.

    Source
  4. James Gorman2025–present

    Chairman of the Board

    He stabilized the board during ongoing activist proxy battles and focused the company on finding a long-term successor to Bob Iger.

    Source
  5. Josh D'Amaro2026–present

    Chief Executive Officer

    Became CEO on March 18, 2026 after serving as chairman of Disney Experiences, where he oversaw parks, cruises and consumer products.

    Source
  6. Dana Walden2026–present

    President and Chief Creative Officer

    She significantly expanded Disney's adult-oriented programming on Hulu and navigated the aggressive shift from linear television revenue to direct-to-consumer streaming models.

    Source
Disney CEO history in full

McDonald's

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. 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
  8. Don Thompson2012–2015

    CEO

    Rapid menu proliferation complicated kitchen operations and pushed drive-thru wait times to historical highs.

    Source
  9. 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
  10. 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
McDonald's CEO history in full

Timeline: Disney and McDonald's side by side

  1. 1923Disney

    Disney Brothers Cartoon Studio is founded

    Walt Disney and Roy O. Disney formed the studio after Walt arrived in California with the Alice Comedies.

  2. 1928Disney

    Mickey Mouse debuts in Steamboat Willie

    Steamboat Willie introduced Mickey Mouse to a broad audience with synchronized sound. The short helped Disney turn a technical change in cinema into a character asset that could be repeated, licensed, and expanded.

  3. 1937Disney

    Snow White and the Seven Dwarfs is released

    Snow White and the Seven Dwarfs proved that feature-length animation could work as a premium theatrical event. Its success gave the studio credibility and capital for more ambitious animated films.

  4. 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.

  5. 1948McDonald's

    Speedee Service System Introduced

    The brothers simplified operations in 1948 around 15-cent hamburgers, shakes, and fries.

  6. 1955Disney

    Disneyland opens in Anaheim

    Disneyland moved the company beyond screens and into physical entertainment. The park created a second economic model built on admission, food, merchandise, hospitality, and repeat family visits.

  7. 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.

  8. 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.

  9. 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.

  10. 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.

  11. 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.

  12. 1996Disney

    Capital Cities/ABC brings ESPN to Disney

    Disney stockholders approved the Capital Cities/ABC merger in 1996, bringing ABC and ESPN into the company. ESPN later became central to Disney's television economics and is now central to its cord-cutting risk.

  13. 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.

  14. 2005Disney

    Robert A. Iger becomes CEO

    Iger became CEO in 2005 after serving as Disney president and chief operating officer. His tenure reshaped the company through Pixar, Marvel, Lucasfilm, 21st Century Fox assets, international expansion, and direct-to-consumer streaming.

  15. 2006Disney

    Pixar Animation Studios is acquired

    The $7.4B Pixar deal ended a strained distribution relationship and brought creative leadership, computer-animation expertise, and a strong story process into Disney. It helped restore animation momentum and set the template for later franchise acquisitions.

  16. 2009Disney

    Marvel Entertainment is acquired

    Disney agreed to acquire Marvel in a transaction valued at about $4B. The deal added more than 5,000 characters and expanded the company's reach in theatrical films, consumer products, streaming, and parks.

  17. 2012Disney

    Lucasfilm joins Disney

    The Lucasfilm acquisition was valued at $4.05B and brought Star Wars, Indiana Jones, Industrial Light & Magic, and related production assets. It gave Disney a global franchise with theatrical, streaming, merchandise, games, and parks potential.

  18. 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.

  19. 2019Disney

    Disney signs amended 21st Century Fox acquisition agreement

    The amended Fox agreement valued the equity consideration at about $71.3B and expanded Disney's content library, international assets, and Hulu position. It was a scale move made as Disney prepared for a streaming-centered media market.

  20. 2019Disney

    Disney+ launches

    Disney+ launched in the United States, Canada, and the Netherlands with nearly 500 films and 7,500 television episodes. The service moved Disney closer to consumers and made streaming economics a core investor question.

  21. 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.

  22. 2020Disney

    Bob Chapek leads through pandemic disruption

    Chapek became CEO shortly before COVID-19 disrupted parks, cruises, theaters, and production. The period exposed Disney's dependence on physical attendance while accelerating demand for direct-to-consumer streaming.

  23. 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.

  24. 2025Disney

    $94.425B revenue and $12.404B net income

    FY2025 results showed the scale of Disney's current base across Entertainment, ESPN, and Experiences. The figures shift the analysis from simple revenue recovery to the quality of earnings, streaming profit, and park capital returns.

  25. 2025McDonald's

    $26.9B FY2025 Revenue

    McDonald's reported $26.885 billion in FY2025 revenue and $8.563 billion in net income.

  26. 2026Disney

    Josh D'Amaro becomes CEO

    Disney's board unanimously elected Josh D'Amaro CEO effective March 18, 2026, with Robert A. Iger moving to senior advisor and Dana Walden becoming President and Chief Creative Officer.

Acquisitions

Disney

  • Comcast's 33% stake in Hulu2023$8.6B
  • 21st Century Fox entertainment assets2019$71.3B
  • BAMTech2017$2.6B
  • Lucasfilm2012$4B
  • Marvel Entertainment2009$4.2B
  • Pixar Animation Studios2006$7.4B
All Disney acquisitions

McDonald's

  • Dynamic Yield2019$300M
  • Apprente2019Undisclosed
  • Boston Market2000$173.5M
  • Donatos Pizza1999Undisclosed
  • Chipotle Mexican Grill stake1998Undisclosed
All McDonald's acquisitions

Questions about Disney vs McDonald's

Who is the CEO of The Walt Disney Company and McDonald's Corporation?

The Walt Disney Company is led by Josh D'Amaro 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 The Walt Disney Company founded vs McDonald's Corporation?

The Walt Disney Company was founded in 1923 — 17 years before McDonald's Corporation, which was founded in 1940. The Walt Disney Company's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger McDonald's Corporation.

How many employees does The Walt Disney Company have compared to McDonald's Corporation?

The Walt Disney Company employs approximately 231,000 people, while McDonald's Corporation employs approximately 150,000. The Walt Disney Company has the larger workforce at 231,000 employees, compared to McDonald's Corporation's 150,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).

Where are The Walt Disney Company and McDonald's Corporation headquartered?

Both The Walt Disney Company and McDonald's Corporation are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.

Who founded The Walt Disney Company and McDonald's Corporation?

The Walt Disney Company was founded by Roy O. Disney, Walt Disney. McDonald's Corporation was founded by Maurice James McDonald, Richard James McDonald, Ray Kroc.

Which company has a longer operating history — The Walt Disney Company or McDonald's Corporation?

The Walt Disney Company has been operating for approximately 103 years, making it the more established of the two companies. McDonald's Corporation has been in operation for around 86 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 Disney vs McDonald's overview

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.