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Christopher John Kempczinski was born in Boston, [2] and raised in Cincinnati, Ohio. [3] He is the son of Richard Kempczinski, who was Professor of Surgery and Chief of Vascular Surgery at the University of Cincinnati Medical Center, [4] and Ann Marie Kempczinski (née Campbell), who was a primary school teacher at Terrace Park Elementary in Cincinnati, Ohio. [5]
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McDonald's growth in U.S. sales was driven by $5 Meal Deals. It doesn't expect an E. coli outbreak tied to Quarter Pounders to impact its performance.
McDonald's CEO Chris Kempczinski admitted in the company's Q2 earnings call that its "value leadership gap has recently shrunk." In the second quarter , its US same-store sales decreased 0.7% ...
In the company's first quarter earnings in April 2024, McDonald's CEO Chris Kempczinski shared the need for a united, national platform across all US franchisees.
He was replaced as CEO by Chris Kempczinski, who had been president of McDonald's USA. [12] In August 2020, McDonald's filed suit against Easterbrook, accusing him of lying about the number and extent of his relationships with subordinate employees and seeking to recover his severance package of more than $40 million.
The name CosMc originated as a McDonaldland character, appearing in McDonald's advertisements from 1986 to 1992. [6] It is an extraterrestrial who "craves McDonald's food." [4] [7] In the 1990s, McDonald's tried to expand its business by buying Donatos Pizza, Boston Market, and a stake in Chipotle Mexican Grill, but within a decade had sold them off.
McDonald’s CEO Chris Kempczinski is promising to bring back “affordability” to the fast food chain as sales growth slows.