McDonalds names new president again

Comment on this story
Copy of McDonaldsTokyo

New York - McDonald's has named a new president for its flagship U.S. division, marking the second change in less than two years.

The world's biggest hamburger chain says former McDonald's executive Mike Andres will replace Jeff Stratton, who is retiring, effective Oct. 15.

Stratton, 58, took over in late 2012 and replaced Jan Fields. That shakeup was made after McDonald's Corp. reported its first monthly sales drop in nearly a decade. Sales in the U.S. have remained weak ever since, with the company facing intensifying competition and changing eating habits.

McDonald's has said it's working on fixing basics, such as the speed of service and order accuracy.

Andres, 56, will report directly to CEO Don Thompson. Andres was most recently CEO of Logan's Roadhouse Inc.

Sapa-AP


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.