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Leadership

Jack in the Box names Darin Harris CEO

By Jonathan Maze on Apr. 16, 2020

The former CiCis CEO takes over for the retiring Lenny Comma, while Dave Goebel was named nonexecutive chairman.

Financing

Steak ‘n Shake gets credit downgrades after a ‘distressed’ debt repurchase

By Jonathan Maze on Apr. 16, 2020

The company is apparently looking to restructure its loans amid operating challenges from the coronavirus shutdown.

Financing

McDonald’s makes some executive changes

By Jonathan Maze on Apr. 13, 2020

Mason Smoot was named U.S. chief restaurant officer after the retirement of Charlie Robeson, and the company has a new chief of staff and chief people officer.

Operations

Taco Bell, KFC and Pizza Hut are making workers wear masks

By Jonathan Maze on Apr. 10, 2020

Yum Brands chains will also take workers’ temperatures and have them wear gloves as part of the company’s evolving response to the coronavirus.

Financing

At McDonald’s, the coronavirus interrupted a strong start

By Jonathan Maze on Apr. 08, 2020

U.S. same-store sales were up 8.1% in January and February before falling 13% in March, prompting delays in capital spending, cuts in executive pay and increased franchisee assistance.

Financing