What's this? This is an unbiased just-the-facts news timeline ('newsline') about McDonald’s, created by Newslines contributors. Become a contributor

McDonald’s

McDonald's44 posts

McDonald’s Corporation is the largest fast food hamburger restaurant chain in the world, headquartered in Oak Brook, IL. McDonald’s operates more than 35,000 restaurants in 118 countries worldwide. McDonald’s began in 1940 as a single barbecue restaurant owned by Richard and Maurice McDonald, but they redeveloped their restaurant into a hamburger stand in 1948. Ray Kroc joined their team in 1955, and later purchased the chain and oversaw worldwide growth through franchising. McDonald’s primary sells hamburgers, chicken sandwiches, french fries, breakfast items, and desserts. The Big Mac is McDonald’s signature sandwich.

Latest News view > Click for Biography view
28 Jan, 2015

CEO replaced

Resignation0 Comments

McDonald’s announces that Don Thompson is leaving the company. Steve Easterbrook will take over as company president and chief executive officer. Thompson feels that Easterbrook is a good choice to succeed him:

It’s tough to say goodbye to the McFamily, but there is a time and season for everything. I am truly confident as I pass the reins over to Steve, that he will continue to move our business and brand forward.