McDonald's U.S. president Jeff Stratton retires
McDonald's U.S. president Jeff Stratton
McDonald’s president and CEO Don Thompson said: “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. 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 is not unfamiliar with McDonald’s as he was part of the chain’s history for three decades previously. His career in McDonald’s started long ago when he was working in his family’s franchise unit in Northern California. Since then he took a number of leadership positions within the company. Andres worked in marketing, operations and development, after which he came to be a regional vice president and senior vice president.
He became a president and CEO of Boston Market in 2001, which was a McDonald’s subsidiary at the time. He stayed there up until 2007.
Mike’s career took a next level from 2010 to 2012 when he was appointed president of the central division of McDonald’s in U.S. During his time there, he oversaw more than 4,400 units in 7 regions covering 24 states.
His strong results were underlined by the big success in same-store sales, guest counts and income, that he achieved, the company said.
He parted ways with McDonald’s in 2012 only to find himself there once more just two years later.
As the next president of McDonald’s USA, Mike will also oversee another market a
Mike Andres will replace Jeff at McDonald's
“Mike is the ideal leader to take McDonald’s USA into the future. He is a progressive, strategic thinker with a deep understanding of consumers and the marketplace, and a track record of translating those insights into successful results. Mike brings a wealth of knowledge of McDonald’s and has built strong relationships across the system, as well as broader experience in the informal eating out industry. He’s a dynamic, proven leader, and I am confident he will help lead our U.S. business to the next level,” Thompson said.
The change seems to be coming in the right moment as the company struggles to turn around the reported 3.2 percent decline in domestic same-store sales among its U.S. units. Along with that, McDonald’s continuing operational and service challenges are appearing to be an issue as well. Some Wall-Street analysts are saying the company is losing market share to competitors like Wendy’s and Jack in the Box.
Meanwhile, Andres’ position at Logan’s Roadhouse will be taken by Gerard Lewis as interim CEO of the Nashville, Tennessee-based casual-dining chain.
