McDonald's CEO surprise exit

McDonald's CEO surprise exit


Nov 4 2019
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The surprise exit of McDonald’s Corp (NYSE: MCD) chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain’s multi-billion dollar strategy to boost sales could change under the new head.

Chris Kempczinski, who was in charge of McDonald’s operations in the United States, took over from Easterbrook on Sunday, following his dismissal over a recent consensual relationship with an employee, which McDonald’s board determined violated company policy.

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