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McDonald's CEO Don Thompson leaving after tumultuous run

He'll be replaced in March by chief brand officer Steve Easterbrook, who turned around the UK business

Published Thu, Jan 29, 2015 · 09:50 PM
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MCDONALD'S Corp, fresh off one of its worst financial years in decades, said on Wednesday that chief executive officer Don Thompson would leave at the end of February and be succeeded by chief brand officer Steve Easterbrook.

Shares in the world's biggest fast-food chain, which have been underperforming major markets and several peers, jumped 3.2 per cent in extended trading following the news.

Mr Thompson, the 51-year-old former president of McDonald's USA who took the global helm in July 2…

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