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McDonald's Reports Third Quarter 2022 Results
McDonald's Corporation today announced results for the third quarter ended September 30, 2022.
"Our third quarter 2022 performance demonstrated broad-based business momentum as global comparable sales increased nearly 10%. I remain confident in..."
The Famously Saucy McRib® Returns For A Farewell Tour
We have good news, and we have bad news. The elusive McRib® is finally back…BUT this could be your last chance to get it. After three straight years headlining McDonald's® nationwide menu each fall, the iconic sandwich is embarking on a "Farewell Tour" – giving fans across the country one more chance to experience a taste of the McRib at participating McDonald's restaurants starting Oct. 31.
Like any true farewell tour, we're hoping this isn't a "goodbye" but a "see you later." Because as our McRib stans have...
Kareem Daniel Elected to McDonald's Board of Directors
McDonald's Corporation today announced that its Board of Directors has elected Kareem Daniel as an independent Director of the Board, effective October 1, 2022.
Mr. Daniel currently serves as Chairman, Disney Media and Entertainment Distribution at The Walt Disney Company, where he leads the organization that delivers Disney's storytelling to fans and families around the world. In this role, he is responsible for driving the overall growth and profitability of Disney's global media businesses, including its streaming services – Disney+, ESPN+, Hulu, and Star+ – which combined have more than 220...
McDonald's USA x Cactus Plant Flea Market
Everyone remembers their first Happy Meal® as a kid... and the can't-sit-still feeling as you dug in to see what was inside. That little red box could turn a regular Tuesday into the best. day. ever. And now, we're reimagining that experience in a whole new way – this time, for adults.
Introducing: the Cactus Plant Flea Market Box, a first-of-its-kind collaboration made exclusively for McDonald's fans by one of the most important brands in culture. It all starts with the box, which has been totally redesigned in...
McDonald's To Open Speedee Labs Within Company's Chicago Global Headquarters
Today, McDonald's Corporation is announcing the establishment of a new facility, Speedee Labs, which will be focused on driving the customer experience and supporting restaurant teams through innovation, at its global headquarters (MHQ) located at 110 N. Carpenter Street in Chicago's West Loop neighborhood. An example of McDonald's commitment to the city of Chicago, this new facility will bring teams from McDonald's corporate office and the existing Innovation Center (IC) in Romeoville, IL together in a new innovative environment creating more opportunities for collaboration and end-to-end development of...
McDonald's Appoints Jon Banner as Executive Vice President and Global Chief Impact Officer
Today, McDonald's CEO, Chris Kempczinski sent the following message to the McDonald's global System, announcing the company's new Chief Impact Officer, Jon Banner.
The Digital CV and headshot for Mr. Banner are embedded within this release.
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I am thrilled to share that Jon Banner will be joining McDonald's as Executive Vice President and Global Chief Impact Officer, reporting directly to me and serving on our Global Senior Leadership Team.
Jon is the perfect leader to oversee our Sustainability & ESG, Government Relations and Public Policy...
McDonald's Announces Key Changes to Board of Directors
McDonald's Corporation today announced the retirement of Sheila A. Penrose from the McDonald's Board of Directors. The Company also announced the election of Tony Capuano, Marriott International; Jennifer Taubert, Johnson & Johnson; and Amy Weaver, Salesforce, to the Board. Sheila's retirement will be effective September 30 and the election of Tony, Jennifer and Amy takes effect October 1.
"For over 15 years, Sheila has been a deeply committed and highly valued member of our Board. We have all benefited from her thoughtful counsel, strong expertise and unwavering dedication to McDonald's. Through her leadership..."
McDonald's Appoints Jill McDonald as Executive VP and President, International Operated Markets
Today, McDonald's CEO, Chris Kempczinski sent the following message to the McDonald's global System, sharing its international markets leadership structure.
Digital CV's and headshots for these leaders are embedded within this release.
As our global business and our two international segments continue to grow, each can further benefit from strong leadership teams focused closely on their needs —supporting the strong bench of talent in their segments and representing the perspectives of their markets on the Global Senior Leadership Team.
Following our leadership announcements last month...
McDonald's® USA Drops Official 'Camp McDonald's' Lineup
Mark your calendars, because McDonald's has your pass to the event of the summer. Starting today, July 5, we're opening the doors to Camp McDonald's – and no, it's nothing like camp as you know it. It's a virtual camp experience featuring the hottest lineup of food deals, menu hacks, limited-edition merch and music performances from amazing artists.
The best part? Your ticket is the McDonald's App, so everyone is invited. Simply check the app each day for details on how to unlock the fun.
Now, go ahead and explore the grounds of...
McDonald’s Promotes Kevin Ozan to Senior Executive Vice President, Strategic Initiatives, and More
Today, McDonald’s CEO, Chris Kempczinski sent the following message to the McDonald’s Global System, which also outlines additional leadership team updates.
Digital CV’s for these leaders can be found in the links below:
- Kevin Ozan, Digital CV
- Ian Borden, Digital CV
- Marion Gross, Digital CV
As I said at Worldwide Convention in April, there’s never been a better time to be part of Brand McDonald’s.
McDonald’s is now seen as leading in our industry on almost every dimension. Together, we’ve transformed the McDonald’s System and...
McDonald’s Agrees to Sell Russian Assets to Existing Licensee
Days after McDonald’s announced it would exit the Russian market and sell its entire portfolio, the company reached a sale and purchase agreement with its existing licensee Alexander Govor.
Govor will acquire the entire Russian McDonald’s restaurant portfolio and operate the restaurants under a new brand. Govor has served as a licensee since 2015 and has operated 25 restaurants in Siberia.
McDonald’s said the agreement remains subject to certain conditions, including regulatory approval, with closing expected to occur in the coming weeks...
McDonald’s "de-Arching" from Russia, Plans to Sell Entire Portfolio
McDonald’s announced it will officially exit the Russian market and has begun a process to sell its entire portfolio in the country.
Back in March, McDonald’s shuttered all of its Russian locations following Russia’s invasion of Ukraine with over 800 locations closed, and all operations were paused.
“The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values,” the company...
McDonald's USA Helps Fans Unleash Their McNugget Persona with In-App Deal on April 27
There's no wrong way to enjoy Chicken McNuggets® – whether you use them as a delicious way to get to your fave dipping sauce, eat all the McNugget shapes in a specific order, or swear by your own menu hack (like dunking your McNuggets into a McFlurry®... IYKYK).
Some people may not understand the way you roll, but we do. Take the McNuggets Personality Quiz to find out if you're the Creative Type, Sauce Superfan, Shape Connoisseur or Sharer. Then, test out your...
Just Eat Takeaway.com and McDonald’s Announce Long-Term Global Strategic Partnership
McDonald’s Corporation and Just Eat Takeaway.com N.V. have agreed to a new, long-term global strategic partnership, evolving their existing local agreements to provide McDonald’s customers and franchisees with the convenience and value of McDelivery® in markets across the world. McDonald’s and Just Eat Takeaway.com’s partnership will support growth of the McDelivery business and will lead to increased operational benefits for Just Eat Takeaway.com.
Just Eat Takeaway.com’s global brand and extensive geographic coverage, best-in-class food-delivery marketplace and 500,000 couriers worldwide provide numerous strategic benefits to...
For the First Time Ever, McDonald's® USA Officially Introduces Fan-Inspired Hacks to Menus
Hacks this delicious deserve a spot on the menu (at least, for a limited time). From putting a crispy Hash Brown in between their Sausage McMuffin® with Egg, to adding Chicken McNuggets® to their favorite sandwich, our fans are always coming up with different ways to make a McDonald's meal uniquely their own. That's why, for the first time ever, we're spotlighting their creativity by officially debuting four fan-favorite creations on menus across the country for a limited time...
McDonald's Modernizes Hiring Efforts with Linq
It is commonplace today to see signs at restaurants indicating closed due to staff shortages, longer than usual wait times, and, unfortunately, companies closing their doors. Hiring has been and will continue to be a massive hurdle for restaurants as it has become harder to attract and retain employees. McDonald's understands the importance of hiring and is using innovative technology to modernize its hiring process.
"We are thrilled to modernize McDonald's hiring efforts by making it easier to capture applicants' information and provide insightful analytics for every step of the process." — Josh Champion...
Analysts say McDonald's, Beyond Meat Plan Big U.S. 2022 McPlant Expansion
McDonald's Corp is planning a major expansion of its plant-based burger with Beyond Meat Inc in the United States in 2022, according to two Wall Street analysts.
The companies began testing the "McPlant" patty in eight McDonald's U.S. locations in November. Those restaurants have been selling enough of the sandwiches - as many as 70 per day - to warrant an expansion of the trial, the analysts said.
McDonald's said when it announced the tests that customers would have to wait for more updates. The company declined to provide new...
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