McDonald's Names Executive Easterbrook New CEO - NBC Chicago
Inc Well | Small Business Advice for Chicago Entrepreneurs
A how-to blog for Chicago business

McDonald's Names Executive Easterbrook New CEO

Easterbrook is McDonald's Senior Executive Vice President and Chief Brand Officer

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    13141138
    2
    Germany
    138728
    3
    Canada
    118928
    processing...

    NEWSLETTERS

    Small Biz Struggling to Access Capital, Report
    AP
    (AP Photo/David Duprey)

    McDonald's Corp. has tapped Steve Easterbrook as its new president and CEO to succeed Don Thompson, who has helmed the burger chain about two and a half years.

    McDonald's is facing slumping sales in the U.S.

    Thompson will retire March 1 after nearly 25 years with the Oak Brook, Illinois-based company.

    Easterbrook is McDonald's Senior Executive Vice President and Chief Brand Officer.

    In after-hours trading, shares of the company jumped 2.5 percent to $91.05.

    Get the latest from NBC Chicago anywhere, anytime

    • Download the App

      Available for IOS and Android