McDonald's Executive Shake-Up: What's On The Cards

·1 min read
  • McDonald's Corp (NYSE: MCD) CEO Chris Kempczinski announced several executive changes.

  • MCD has appointed Ian Borden, currently President, International, as its next Executive Vice President and Chief Financial Officer, effective September 1.

  • The current CFO, Kevin Ozan, has been promoted to Senior Executive Vice President, Strategic Initiatives, effective August 31. He plans to retire from McDonald's by mid-2023.

  • Francesca DeBiase, Global Chief Supply Chain Officer, has decided to retire from McDonald's, effective August 31.

  • Marion Gross, Chief Supply Chain Officer of North America, has been promoted to Executive Vice President and Global Chief Supply Chain Officer.

  • Katie Fallon, who has served as McDonald's first-ever Chief Global Impact Officer, recently informed her decision to depart McDonald's, effective July 15.

  • Also ReadAdyen, McDonald's Extend Mobile App Partnership To US

  • Price Action: MCD shares are trading higher by 0.028% at $247.97 on the last check Monday.

  • Photo Via Wikimedia Commons

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