Steve Easterbrook named new McDonald's CEO

Steve Easterbrook named new McDonald's CEO

Current CEO Don Thompson to retire March 1, after 25 years with the brand

Branding chief Steve Easterbrook will be the next president and CEO of McDonald’s Corp., replacing Don Thompson, who is retiring after 25 years with brand, the company said Wednesday.

The transition will take place March 1. The executive shuffle is part of a number of management changes that McDonald’s announced following one of the most difficult years in the storied company’s history.

Pete Bensen, the company’s senior executive vice president and chief financial officer,

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