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The Latest Breaking News from Chris Kempczinski

The Weekly Wrap for Saturday, 17 September 2022

Inflation lunged sideways, stocks dropped all over the shop, the European Union massaged its slapping hand, and Adobe suite went brrr.

inkl Originals

McDonald’s plans to expand Chicago HQ, but CEO says city needs to ‘face facts’ about downtown business climate

McDonald’s CEO Chris Kempczinski raised concerns about the effects of crime on doing business in Chicago, even as the company announced plans to bring more of its suburban employees downtown.

Chicago Tribune

‘What is the plan?’ McDonald’s CEO asks about city’s crime problem

The company is adding 100 jobs to its West Loop headquarters, but the city’s crime is making recruiting talent difficult, McDonald’s President and CEO Chris Kempczinski said Wednesday.

Chicago Sun-Times

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McDonald's Executive Shake-Up: What's On The Cards

McDonald's Corp (NYSE:MCD) CEO Chris Kempczinski announced several executive changes. MCD has appointed Ian Borden, currently President, International, as its next Executive Vice President and Chief Financial Officer, effective September 1. The current CFO, Kevin Ozan, has been promoted to Senior Executive Vice President, Strategic Initiatives, effective August 31. He plans to…

Benzinga

McDonald’s to sell its Russian business, will try to keep workers

The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”

Chicago Sun-Times

McDonald’s to pull out of Russia after 'profound consequences' of Ukraine war

The fast-food chain giant McDonald's is exiting Russia for good after 30 years, following Russia's brutal invasion of Ukraine and the "unpredictable operating environment" caused by the war

Daily Mirror

McDonald's to sell its 850 restaurants in Russia

The eateries employ 62,000 people

Wales Online

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McDonald's to sell its Russian business, try to keep workers

McDonald’s says it's started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people

The Independent UK

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday they were suspending their business in Russia in response to the country’s invasion of Ukraine

The Independent UK

McDonald's Shuts Down Russian Restaurants

McDonald’s Corp. (NYSE: MCD) has announced it is shutting down its Russian restaurants.

Benzinga

McDonald's closes all stores in Russia

"Our values mean we cannot ignore the needless human suffering unfolding in Ukraine," said CEO Chris Kempczinski.

Axios

McDonald’s finally bows to pressure and shuts all 850 stores in Russia over ‘unspeakable suffering’ in Ukraine

Hashtag #BoycottMcDonalds was trending over the weekend as the company refused to take a stand against Russia

The Independent UK

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