The Briefcase: McDonald’s plans president change
November 16, 2012 12:06 AM | 946 views | 0 0 comments | 3 3 recommendations | email to a friend | print
NEW YORK — McDonald’s Corp. is hoping a leadership shake-up for its U.S. business can help it warm up sales and fight off intensifying competition.

The world’s biggest hamburger chain said Thursday that Jan Fields, president of McDonald’s USA, will be replaced by Jeff Stratton, its global chief restaurant officer, effective Dec. 1. The announcement comes less than a week after the fast-food giant reported its first monthly sales drop in nearly a decade.

A McDonald’s spokeswoman said CEO Don Thompson and Fields are longtime friends and that they discussed the need for a change at the top.

A number of business factors played a role in the decision, but recent sales figures were not among them, according to the spokeswoman.

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