Steve Easterbrook, the the former president of McDonald’s Europe who left the chain in 2011 to head PizzaExpress (and who then went on to be CEO of Wagamama Limited), rejoined McDonald’s Corp. as EVP-Global Chief Brand Officer. He’ll oversee marketing, menu development and consumer and business insights. It’s a post Easterbrook previously, [...]
When it launched new advertising this week that teased “Exciting things are happening at Burger King,” it wasn’t clear that the burger chain meant the boardroom as well as the dining room. Privately held Burger King Worldwide Holdings and publicly traded UK investment vehicle Justice Holdings Limited announced a business deal late Tuesday that will [...]
Jim Skinner steps down.
Don Thompson was named chief executive officer of McDonald’s Corp., effective July 1, 2012, following the announced retirement of Vice Chairman-CEO Jim Skinner.
Skinner, 67, has worked at McDonald’s for 41 years and has served as CEO since November 2004. Thompson has been with the company for 22 years. A [...]
That was the sound of the other shoe dropping. When Burger King installed new management last October following the chain’s acquisition by 3G Capital, the question asked here was, “Will Crispin Porter + Bogusky hang on to Burger King’s $300 million-plus ad account?” It did for awhile, but when UK Marketing Director Sarah Power exited [...]
Burger King’s owners have continued the housecleaning they began by installing Bernardo Hees as CEO last fall. Now the 3G Capital ownership group has reorganized the global brand management and operations functions. The most visible shakeup is the immediate departure of EVP-Global Chief Marketing Officer Natalia Franco after just nine months on the job.
There may be more grilled sandwiches and new chicken items in Jack in the Box’s menu future, while burger and salad LTOs could be downplayed as a result of rapidly rising costs for many commodities.
Jack in the Box reported positive same-store sales for both company (+1.5%) and franchised stores (+0.9%) for its first fiscal [...]