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Executive Chairperson of the Board, Arcos Dorados
Woods Staton is the Executive Chairperson of Arcos Dorados (NYSE: ARCO), the world's largest independent McDonald's franchisee. Arcos Dorados operates or franchises more than 2,200 restaurants, with over 100,000 employees and greater than US$3 billion in revenue, across 20 countries and territories in Latin America and the Caribbean. Often recognized as one of the best companies to work for in Latin America, every year Arcos Dorados generates first-time, formal employment opportunities for tens of thousands of young people in the region.
Born in Medellín, Colombia, Woods’ business life has focused on consumer goods in Latin America. His grandfather founded Panamco, which became the largest Coca/Cola bottler in the world with operations in seven Latin American countries. After many years in the family business, Woodsbranched out, starting his own entrepreneurial career as McDonald's joint venture partner in Argentina. He later served as President of McDonald’s South Latin America Division. He founded Arcos Dorados in 2007, when he led a consortium of investors in the purchase of McDonald’s Corporation’s operations in Latin America. In April of 2011, Arcos Dorados executed a successful IPO on the New York Stock Exchange.
Woods is actively involved in several non-profit organizations. He is co-founder of Endeavor Argentina, promoting entrepreneurship as well as a founding partner of Ashoka Argentina, a global organization committed to investing in innovative solutions through social entrepreneurship. He is a member of the Chairman’s International Advisory Council of the Council of the Americas and currently serves as the Chair for the Latin American Program's Advisory Board at the Woodrow Wilson International Center for Scholars, a think tank in Washington, D.C.
Woods holds an MBA from IMD.