- The post-pandemic comes with changes in the leadership of the largest hamburger chain in the world.
- The CFO who has held the position since 2015 is leaving, making way for an employee with more than three decades at McDonalds.
- There are also changes in the top management of global supply chains, one of the complicated points of the post-pondemic.
Changes at the highest levels of management are not common in large corporations, but when they do occur, they always give a lot to talk about.
It is that according to which people are chosen for certain positions, it is possible to infer what the direction of a company will be. With the designation of the people, the changes and the strategy to be followed are decided.
This Monday, surprisingly for the big international financial media, McDonald’s has taken a step in its post-pandemic strategy: Ian Borden, now president of its international business, will take over as chief financial officer.
The current chief financial officer (CFO), Kevin Ozan, will go on to lead the company’s strategic initiatives.
This was announced by McDonald’s this Monday, June 27.
Borden is not new to the brand, he has been working at McDonald’s for more than 30 years, according to the company.
Until now, he had served in various high-level financial positions. Between them, he oversaw McDonald’s business in Asia-Pacific, the Middle East and Africa.
Borden was also managing director of McDonald’s Ukraine, reported Reuters.
Change of CFO at McDonald’s
McDonald’s said Ozan, who was set to serve seven years as CFO this year, will continue to work in the firm’s leadership teams until he retires in 2023.
The idea of the company is that Borden effectively acts as financial director from next September.
On the other hand, McDonald’s announced that the current global director who oversees supply chains, Francesca DeBiase, will retire in August and will be replaced by who now serves as director of supply chains in North America, Marion Gross. .
chain finance
Globally, the United States multinational company has more than 40,000 restaurants, with more than a quarter of them in the United States.
With a net income of over US$7.5 billion last year and an estimated brand value of some US$150 billion, McDonald’s is the undisputed world leader in its sector.
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