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McDonald's USA president Mike Andres to retire at end of 2016

Mike AndresMcDonald's Corporation announces the retirement of U.S. president Mike Andres and the subsequent appointment of Chris Kempczinski to lead the U.S. business effective January 1, 2017.

A 30-year McDonald’s veteran, Mr. Andres began his McDonald's career managing a family-owned restaurant in Northern California.

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He went on to hold numerous leadership roles, including Regional Vice President and Division President. He also served as President and CEO of Boston Market while it was a McDonald’s subsidiary.

Mr. Andres left McDonald’s briefly to become CEO and Chairman of Logan’s Roadhouse. He returned to McDonald’s, equipped with a broader industry perspective, to assume the role of U.S. President in 2014.

Mr. Andres holds a Bachelor of Science degree in Business Administration from the University of Tennessee.

Prior to joining McDonald's last year, Mr. Kempczinski served in various strategy and operational positions with some of the world's leading consumer companies, including Procter & Gamble, PepsiCo, most recently as Executive Vice President, Growth Initiatives and President of International at Kraft Foods Group.

Mr. Kempczinski has an MBA from Harvard Business School and an undergraduate degree in public policy and economics from Duke University.

McDonald's also announces additional leadership changes:

In addition to his current role as President of the International Lead Markets, Doug Goare will take on the role of Chief Restaurant Officer, overseeing a number of business functions managed by Chief Administrative Officer Pete Bensen who is retiring in September.

Doug Goare oversees a segment of McDonald’s business that includes Australia, Canada, France, Germany and the U.K. and makes up 40 percent of the company’s global operating income.

With McDonald’s for nearly four decades, Mr. Goare most recently served as President of McDonald’s Europe. He also served as Executive Vice President of Worldwide Supply Chain and Development.

His career has spanned multiple continents, with roles in the U.S. too – in operations, general management and finance. He also established the company’s first accounting center in Columbus, Ohio.

Mr. Goare is a member of the American Institute of Certified Public Accountants. He holds a bachelor’s degree in Business Administration from The Ohio State University.

A veteran of McDonald’s for nearly two decades, Pete Bensen has a deep knowledge of and passion for the brand. He is particularly experienced in financial matters, having served most recently as the company’s Chief Financial Officer.

Since joining McDonald’s as Director of Financial Accounting and Reporting, Mr. Bensen has held numerous leadership positions, including Vice President and Assistant Controller.

Prior to McDonald’s, he was a senior manager for Ernst & Young, Chicago, where he served large multi-national audit clients. He also worked in the firm’s mergers and acquisitions practice and the accounting and auditing group for one of its regions.

Well respected in the industry, Mr. Bensen was recognized by the Chicago Chapter of Financial Executives International as CFO of the Year for Large Public Companies in 2011. He is a Director of Catamaran Corporation.

Mr. Bensen earned a Bachelor of Science degree in Accounting from St. Joseph’s College in Rensselaer, Indiana.

Lucy Brady has been named Senior Vice President of Corporate Strategy and Business Development.

She joins McDonald's in September and will take on the role vacated by Mr. Kempczinski overseeing strategy development, planning and innovation to drive growth for the company.

As a Senior Partner and Managing Director at The Boston Consulting Group she led several turnaround and strategic growth initiatives.




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