McDonald’s CEO: Company Is ’Nowhere Near’ Saturation

McDonald’s Corp., the largest restaurant chain in the world by sales, isn’t close to having too many locations globally, Chief Executive Officer Don Thompson said.

“I don’t see in my lifetime when there would be a time of saturation with McDonald’s,” Thompson, 50, said during an interview at The Year Ahead: 2014, a two-day conference in Chicago sponsored by Bloomberg LP, the parent company of Bloomberg News and Bloomberg Businessweek. The Big Mac seller is “nowhere near saturation,” he said.