NewsBite

Burger King CEO Daniel Schwartz is just 33 years old

IT’S been dubbed a company ‘run by children’ and when you find out the age of the Burger King CEO and his top advisers you might agree.

Burger King Proud Whopper

NOW here’s a fact that will make you feel old.

The global CEO of Burger King — a $4 billion company with more than 13,000 outlets around the world is just 33 years old — and is working in his first fast-food job.

Daniel Schwartz took the reigns in June last year and has been at the company since 2010.

He earned more than $5 million in compensation in 2013 due to a combination of salary and bonuses, according to Bloomberg who dubbed the firm the “company run by children” in a recent profile.

Mr Schwartz is credited with helping turn around the company that debuted The Whopper in 1957 but has struggled with strong competition from the likes of McDonald’s and Wendy’s. He previously worked for investment firm 3G, who bought Burger King, and he was installed as deputy chief financial officer.

Daniel Schwartz talks to CNBC when the company listed on the NYSE. Pic: Screengrab CNBC.
Daniel Schwartz talks to CNBC when the company listed on the NYSE. Pic: Screengrab CNBC.
Burger King’s bacon sundae on offer in June 2012. Pic: AP/Burger King.
Burger King’s bacon sundae on offer in June 2012. Pic: AP/Burger King.

After being appointed CEO in 2013 he spent his first months working the counters and cleaning toilets in store, and has since cut back on executive perks and increased the number of franchisees around the world, Bloomberg reports.

He’s also not the only baby faced executive in the building.

Chief financial officer and executive vice president Joshua Kobza is 27 years old and started at the company in April last year, while North America’s President Alexandre Macedo is 36.

The company’s global head of marketing Axel Schwan is 40 and others on the executive team are a relatively ancient 44 and 47 years old.

Read the full Bloomberg article here.

Original URL: https://www.news.com.au/finance/business/retail/burger-king-ceo-daniel-schwartz-is-just-33-years-old/news-story/b2eec76a0b9a2b23ec3d29e1ed5b2eed