McDonald's Announces New CEO As Sales Slide
While check sizes rose as customers bought on pricier items, this was partly offset by a decline in visits.The chain named long-time executive Skye Anderson as president of its US business, replacing Joe Erlinger, who is leaving the company and has held the role for about seven years. Anderson has worked at McDonald’s for nearly 30 years, and was most recently chief operating officer for the US. Because most restaurants are franchises, the owners get to set the actual prices.
- ▪While check sizes rose as customers bought on pricier items, this was partly offset by a decline in visits.The chain named long-time executive Skye Anderson as president of its US business, replacing Joe Erlinger, who is leaving the company
- ▪Anderson has worked at McDonald’s for nearly 30 years, and was most recently chief operating officer for the US.
- ▪Because most restaurants are franchises, the owners get to set the actual prices.
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| Original publisher | HotAir |
| Canonical URL | https://hotair.com/john-s-2/2026/08/04/mcdonalds-announces-new-ceo-as-sales-slide-n3817656 |
| Publication time | Tue, 04 Aug 2026 20:00:28 -0400 |
| Retrieval time | 2026-08-05T00:29:34.443Z |
| Last seen | 2026-08-05T00:29:34.443Z |
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McDonald's Announces New CEO As Sales Slide John Sexton 8:00 PM | August 04, 2026 McDonalds via AP McDonald's announced a new CEO would be taking over today after its most recent quarterly report Left something to be desired.McDonald’s Corp. named a new US president to bring “focus and urgency” to its home market, after the fast-food chain posted its slowest growth in over a year.Sales at established US restaurants rose 0.8% in the second quarter, the company said Tuesday, its slowest growth since the start of 2025 and short of the average estimate of analysts polled by Bloomberg.
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