McDonald's launches Accelerating the Arches 2.0 strategy; adds restaurant development, announces organizational redesign

MCDONALDS CORP

CEO Chris Kempczinski announces "Accelerating the Arches 2.0" growth strategy, adding a fourth "D" (Restaurant Development) to existing M-C-D pillars.
Organizational redesign "Accelerating the Organization" will evaluate roles/staffing; decisions expected by April 3; some initiatives will be stopped or deprioritized.
Promotions: Morgan Flatley to EVP Global CMO & New Business Ventures; Skye Anderson to President Global Business Services; Andrew Gregory to SVP Global Franchising & Development; effective Feb 1.
Company cites strong performance: stock near all-time high, outperforming industry, Dow 30, and S&P 500; strategy builds on momentum from Accelerating the Arches since 2020.

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