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McDonald’s Announces Senior Management Appointments and Retirements

07/01/2022

In a release dated June 27th, Chris Kempczinski, CEO, announced management changes: -

 

  • Kevin Ozan has moved from Chief Financial Officer to Senior Executive Vice President, Strategic Initiatives
  • Ian Borden, President International, will serve as Executive Vice President and CFO
  • Marian Gross, currently Chief Supply Chain Officer for North America, has been promoted to Executive Vice President, Global Chief Supply Chain Officer
  • Francesca DeBiase has retired as Global Chief Supply Chain Officer after a 30-year career with McDonalds, a position she has held since 2015
  • Katie Fallon, Chief Global Impact Officer, will leave the company

 

The Egg-Newschanges announced by Kempczinski are consistent with the Accelerating the Arches Strategy intended to improve revenue and profit for the mutinational in a highly competitive industry challenged by inflation and negative geopolitical events.