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March 20, 2024
CHICAGO (AP) — McDonald's CEO will become chairman of the company's board later this spring, the burger chain said Tuesday.
Chris Kempczinski, who was named McDonald's president and CEO in late 2019, will succeed McDonald's Chairman Enrique Hernandez Jr., who is retiring after 28 years on the Chicago company's board. The transition will happen at the company's annual meeting, which is expected to be held in May.
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