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Form 8-K · Current Report · Filed 2025-03-11

McDonald's Announces Senior Management Changes

On March 10, 2025, McDonald's Corporation announced changes to its senior management.

Filer
McDonald's Corporation MCD · NYSE
Filed
Accession
0000063908-25-000017
CIK
0000063908
Signal
Medium impactConsumer Cyclical

Details

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.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New COO Appointed New President Appointed

Market reaction

Close before filing

$317.25

Next session

-5.6%

Since filing

-14.7%

Latest close

$270.64

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MCD reporting the same item, with the next session's move:

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.

Exchange NYSE Industry Restaurants Company website ↗

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