Leadership Transition at McDonald’s Corp. New CEO appointed.

Chris Kempczinski appointed as President and CEO and elected to the McDonald’s Board of Directors.

McDonald’s Corporation has announced Chris Kempczinski, most recently President, McDonald’s USA, as President and Chief Executive Officer, effective immediately. Kempczinski has also been elected to the McDonald’s Board of Directors.

Chris succeeds Steve Easterbrook, who had to separate from the company for violating a company policy that forbade managers from having romantic relationships with direct or indirect subordinates.

On this appointment –  Enrique Hernandez Jr., Chairman of McDonald’s Board of Directors said – “Chris takes the reins of this great company at a time of strong, sustained performance, and the Board has every confidence that he is the best leader to set the vision and drive the plans for the Company’s continued success. ”

On his appointment, Kempczinski said, “I’m thrilled to be leading this incredible company. Working alongside our talented team, our Board, our franchisees and suppliers, I am committed to upholding our rich heritage of serving our customers and driving value for our shareholders and other stakeholders.”

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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