McDonald's replaces CEO after poor sales

GMT 00:26 2015 Thursday ,29 January

Arab Today, arab today McDonald's replaces CEO after poor sales

Fast-food giant McDonald's
New York - AFP

Fast-food giant McDonald's replaced president and chief executive Donald Thompson on Wednesday, after the company turned in another poor quarter of sales and earnings last week.
The McDonald's board of directors said it had chosen senior executive vice president Steve Easterbrook to replace Thompson, voicing confidence he "can effectively lead the company to improved financial and operational performance."


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