management

Financing

McDonald's new U.S. president comes in at a crucial time

In an exclusive interview, Skye Anderson acknowledges having some “honest conversations” with the chain’s franchisees as McDonald’s readies another, massive change to its restaurants.

Financing

One fast-food president is out, another is in

The Bottom Line: This week’s edition of the weekly restaurant finance newsletter looks at the changes in president roles at Wendy’s and Jack in the Box and what they say about management turnover.

The Bottom Line: In naming Skye Anderson president of McDonald's USA, the fast-food giant looks to inject some energy into the market as it implements a new corporate strategy.

The Week in Restaurants: This week’s episode of the weekly restaurant news discussion podcast looks at the management change at Cracker Barrel, Starbucks’ earnings, and Jersey Mike’s IPO.

Cracker Barrel is swapping modernization-minded Julie Masino for the casual-dining veteran one year after backlash over a logo change.

The Bottom Line: The family-dining chain said Monday that Julie Masino is leaving and will be replaced by former Bloomin’ Brands chief executive David Deno. Yet little about the decision makes much sense.

Marketing Bites: Through the end of June, there have been 24 new CEOs named in the industry. Just two have been women.

The longtime executive is retiring after helping to steer the company through a spinoff, a transition to an asset-light model, the pandemic and a cultural transformation.

The Week in Restaurants: In this special episode of the weekly restaurant news discussion podcast, we discuss what restaurant chief executive had the most impact this century.

The Bottom Line: The fast-food chain ended months of uncertainty by bringing in its former executive to be chief executive. Wright should steady the ship, but it will not be an easy task.

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