McDonald's (MCD) is revamping its operations and development staff as it looks to get new menu items and technology to restaurants faster, The Wall Street Journal reported Tuesday, citing an interview with Chief Executive Chris Kempczinski.
Under the new structure Jill McDonald will become the chain's first chief restaurant experience officer on May 1, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 308.87, Change: -8.38, Percent Change: -2.64
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.