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McDonald’s Corporation Announces New CEO

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CHICAGO — McDonald’s Corporation’s board of directors has named Chris Kempczinski the company’s new CEO. Kempczinski was most recently president of McDonald’s USA. In addition...

McDonald’s to Acquire Apprente

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CHICAGO — McDonald’s Corporation (MCD) has entered an agreement to acquire Apprente, an early stage leader in voice-based, conversational technology. The announcement comes after...

Acquisition Fast-Tracks McDonald’s Digital Transformation

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CHICAGO, NEW YORK and TEL AVIV — McDonald’s Corporation has entered an agreement to acquire Dynamic Yield, a leader in personalization and decision-logic technology. With this acquisition, McDonald’s builds on...

Doug Goare to Retire from McDonald’s

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CHICAGO — McDonald’s Corporation has announced that president, International Lead Markets & Chief Restaurant Officer, Doug Goare will retire after 40 years of service...

McDonald’s Commits to Science-Based Targets to Reduce Greenhouse-Gas Emissions

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OAK BROOK, Ill. — McDonald's is partnering with franchisees and suppliers to reduce greenhouse-gas emissions related to McDonald's restaurants and offices by 36 per...

All-Day Breakfast at McDonald’s Improves Year-end Results

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OAK BROOK, Ill. — The team at McDonald's Corporation has released its fourth quarter and year-end results, citing the launch of all-day breakfast driving...

McDonald’s Plans to Turn Around Sales Slump

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OAK BROOK, Ill. ― McDonald’s CEO Steve Easterbrook will unveil plans next month to boost profits, following six consecutive quarters of slumping sales. For the...

U.S. McDonald’s Raises Wages

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OAK BROOK, Ill. — Beginning in July, employees at corporately owned McDonald’s in the U.S. will receive higher wages and paid time off. The...

Don Thompson to Retire As McDonald’s CEO

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OAK BROOK, Ill. — The past year has been challenging for McDonald’s as it faced declining sales, but shortly after announcing plans to introduce...

McDonald’s COO to Retire This Fall

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OAK BROOK, Ill. — Tim Fenton, COO of McDonald’s Corp., has announced plans to retire, effective Oct. 1.   “I'sm making a difficult and personal decision...