McDonald’s CEO Don Thompson to Step Down
Five Numbers Explain Why McDonald's Needed a Change
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McDonald’s Corp., the world’s largest restaurant chain, will replace Chief Executive Officer Don Thompson with one of his top lieutenants following the company’s worst U.S. sales slump in more than a decade.
Chief Brand Officer Steve Easterbrook will take the reins when Thompson steps down on March 1, the Oak Brook, Illinois-based company said in a statement Wednesday. Easterbrook, currently a senior executive vice president, also will join the board, filling Thompson’s vacated seat, the company said. Thompson, 51, had been in the CEO job fewer than three years.