McDonald's USA President Andres To Retire At End Of 2016
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McDonald's Corp. announced the retirement of U.S. President Mike Andres and the subsequent appointment of Chris Kempczinski, Executive Vice President of Strategy, Business Development and Innovation, to lead the U.S. business effective January 1, 2017.
Prior to joining McDonald's last year, Kempczinski served in various strategy and operational positions with some of the world's leading consumer companies, most recently as Executive Vice President, Growth Initiatives and President of International at Kraft Foods Group.
In addition to his current role as President of the International Lead Markets, Doug Goare will take on the role of Chief Restaurant Officer, overseeing a number of business functions managed by Chief Administrative Officer Pete Bensen who is retiring in September. In this expanded role, he will oversee supply chain, information technology, global restaurant operations, development and digital business functions.
Lucy Brady has been named Senior Vice President of Corporate Strategy and Business Development. She joins McDonald's in September and will take on the role vacated by Kempczinski overseeing strategy development, planning and innovation to drive growth for the company. As a Senior Partner and Managing Director at The Boston Consulting Group she led several turnaround and strategic growth initiatives. (dpa)
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