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McDonald's Corporation

McDonald's Announces Senior Management Changes

| 8-K |Consumer Cyclical

Summary

On March 10, 2025, McDonald's Corporation announced changes to its senior management. Gillian (Jill) McDonald has been appointed as Executive Vice President – Global Chief Restaurant Experience Officer, effective upon her separation from her current role as Executive Vice President – President, International Operated Markets (IOM) on or about May 1, 2025. Manuel JM Steijaert, currently the Executive Vice President – Global Chief Customer Officer, will replace McDonald as Executive Vice President – President, IOM, effective on or about May 1, 2025.

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About McDonald's Corporation

McDonald's Corporation is a leading global foodservice retailer known for its fast-food restaurants, which are a staple in the quick-service dining industry. The company operates and franchises a network of establishments that serve a diverse menu, including iconic items like the Big Mac, Chicken McNuggets, and French fries, as well as breakfast offerings, desserts, and beverages. Its business model primarily revolves around franchising, which accounts for most of its global reach, allowing it to focus on brand management and operational efficiency. McDonald's extensive presence with thousands of restaurants in over 100 countries makes it a significant player within the consumer discretionary sector, apt at adapting to regional tastes while maintaining core product consistency. The corporation's influence extends to shaping industry standards in areas such as menu innovation, marketing strategies, and sustainable practices. As an integral part of the global economy and culture, McDonald's continues to capitalize on its brand recognition and scale to remain at the forefront of the fast-food sector.

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