McDonald’s names Ian Borden president of international

The company has reorganized all of its international markets under a single executive.


Starbucks executives get retention bonuses

CEO Kevin Johnson and COO Roz Brewer both will get bonuses based on the company’s performance over the next three years.

The former Nando’s executive takes over for acting CEO Jim Balis.

The former Realogy Holdings executive will take over financial leadership for the big Burger King and Popeyes operator.

The burger chain has named Tim Ward president and Bruce Vermilyea CFO, while CEO Paul Macaluso leaves.

CKE Restaurants also named 72andSunny its creative agency of record.

New CEO Chris Kempczinski and Chairman Enrique Hernandez held a town hall meeting with employees Wednesday while the new U.S. leader meets with franchisees.

Max Wetzel was named chief commercial and marketing officer, and several executives, including CFO Joe Smith, will leave the company.

CEOs as a rule don’t stick around in their jobs for long, but the amount of turnover in the restaurant business of late has been unusual.

In Joe Erlinger, the company’s U.S. business gets an experienced operations executive known for working with franchisees.

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