McDonald’s Announces New USA President Following Retirement of Jeff Stratton
McDonald’s Corporation (NYSE: MCD) today announced Jeff Stratton, 58, McDonald’s USA president, has made the decision to retire after 41 years with the brand. As a result, the Board of Directors has elected former McDonald’s Executive Mike Andres as McDonald’s USA president effective October 15, the date of Stratton’s retirement.
“When I tapped Jeff to assume the role of McDonald’s USA president nearly two years ago, I asked him to lay the foundation for future growth in the U.S. market,” said McDonald’s President and CEO Don Thompson. “No one has worked more tirelessly to do that for this brand than Jeff. We are deeply grateful for his years of leadership and service, and wish him and his family all of the best.”
Andres, 56, will report to Thompson and also oversee the Canadian market. He joins McDonald’s after his most recent role as CEO and chairman of Logan’s Roadhouse, Inc.