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McDonald’s (NYSE: MCD) taps Skye Anderson to lead nearly 14,000 U.S. restaurants

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

McDonald’s Corporation announced a planned leadership transition in its U.S. business. Joseph M. Erlinger, Executive Vice President and President of McDonald’s USA, notified the company on August 3, 2026 of his intention to leave his role effective August 4, 2026, and will serve in an advisory capacity until early 2027 with no change to his compensation.

The Board appointed Skye Anderson as Executive Vice President and President of McDonald’s USA, effective August 4, 2026. Anderson, a McDonald’s executive for more than 26 years, most recently served as Chief Operating Officer of McDonald’s USA and will oversee nearly 14,000 U.S. restaurants. The press release notes that, as head of the U.S. West Zone, she helped support initiatives that modernized more than 5,700 restaurants, drove comparable sales growth of more than 30 percent and increased average restaurant unit cash flow by $100,000. McDonald’s globally has over 45,000 locations in over 100 countries, approximately 95% of which are owned and operated by independent local business owners.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
U.S. restaurants overseen nearly 14,000 restaurants Restaurants across the United States under the President of McDonald’s USA
West Zone restaurants modernized more than 5,700 restaurants Base of restaurants in the U.S. West Zone modernized over a four-year tenure
Comparable sales growth more than 30 percent Comparable sales growth in the U.S. West Zone over a four-year tenure
Average unit cash flow increase $100,000 Increase in average restaurant unit cash flow in the U.S. West Zone
Global locations over 45,000 locations McDonald’s locations worldwide across more than 100 countries
Countries of operation over 100 countries Global presence of McDonald’s restaurants
Franchised restaurants Approximately 95% Portion of restaurants owned and operated by independent local business owners
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure. In connection with Mr. Erlinger’s departure"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
comparable sales growth financial
"drove comparable sales growth of more than 30 percent, and increased"
Comparable sales growth measures how much the sales from existing, similar parts of a business increase over a specific period, excluding new locations or products. It helps investors see how well a company's core operations are performing without the influence of expansion or changes in its structure. This metric provides a clearer picture of consistent, ongoing demand for the company's offerings.
average restaurant unit cash flow financial
"and increased average restaurant unit cash flow by $100,000"
Global Business Services technical
"the creation of the Company’s Global Business Services and, most recently,"
A centralized model that combines and runs common corporate functions—such as finance, human resources, IT, procurement and customer support—across a company’s global operations to standardize processes, cut duplication and improve service quality. For investors, it matters because a well-run global business services setup can lower operating costs, speed decision-making and make growth more scalable, much like a single kitchen that prepares meals efficiently for many restaurants instead of each kitchen cooking separately.
Owner/Operators financial
"earned the trust of Owner/Operators, suppliers and employees,” said Chris"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What leadership change did McDonald’s (MCD) announce for McDonald’s USA?
McDonald’s named Skye Anderson Executive Vice President and President of McDonald’s USA, effective August 4, 2026, succeeding Joseph M. Erlinger, who is leaving his current role and moving into an advisory position until early 2027.

When does Joseph M. Erlinger step down from his role at McDonald’s (MCD)?
Joseph M. Erlinger leaves his role as President of McDonald’s USA effective August 4, 2026. He informed the company of his intention on August 3, 2026 and will continue in an advisory role until early 2027 with no change to his compensation.

What experience does new McDonald’s (MCD) USA President Skye Anderson bring?
Skye Anderson has more than 26 years of McDonald’s experience. Her roles span finance in Australia, U.S. field and zone leadership, leading Global Business Services, heading the U.S. West Zone, and most recently serving as Chief Operating Officer of McDonald’s USA.

How many restaurants will Skye Anderson oversee for McDonald’s (MCD) in the U.S.?
As President of McDonald’s USA, Skye Anderson will oversee nearly 14,000 restaurants across the United States. This is McDonald’s largest market and a central focus of the company’s McDonald’s > NEXT strategy for growth and productivity.

What performance metrics are highlighted from Skye Anderson’s prior role at McDonald’s (MCD)?
While leading the U.S. West Zone, Anderson helped support initiatives that modernized more than 5,700 restaurants, drove comparable sales growth of more than 30 percent, and increased average restaurant unit cash flow by $100,000 over a four-year period.

How large is McDonald’s (MCD) global system and how many restaurants are franchised?
McDonald’s operates over 45,000 locations in over 100 countries. Approximately 95% of its restaurants worldwide are owned and operated by independent local business owners, reflecting the company’s franchise-focused business model.
falseMCDONALDS CORP000006390800000639082026-08-032026-08-03

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): August 3, 2026
McDONALD’S CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware1-523136-2361282
(State or Other Jurisdiction
of Incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)

110 North Carpenter Street
Chicago, Illinois
(Address of Principal Executive Offices)
60607
(Zip Code)
(630) 623-3000
(Registrant’s telephone number, including area code) 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par valueMCDNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company 

☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 


o



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 3, 2026, Joseph M. Erlinger, Executive Vice President of McDonald’s Corporation (the “Company”) and President of McDonald’s USA, provided notice to the Company of his intention to leave his current role, effective August 4, 2026. Mr. Erlinger will serve in an advisory role until early 2027 to facilitate an orderly transition. There is no change to his compensation.

Item 7.01. Regulation FD Disclosure.

In connection with Mr. Erlinger’s departure, the Company’s Board of Directors appointed Skye Anderson to be Executive Vice President and President of McDonald’s USA, effective August 4, 2026. Ms. Anderson, a Company executive with more than 26 years of McDonald’s experience, most recently served as Chief Operating Officer of McDonald’s USA.

On August 4, 2026, the Company issued a press release announcing the management transition described in this Current Report on Form 8-K. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information in this Item 7.01 is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, and shall not be incorporated by reference in any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01. Financial Statements and Exhibits.

(d)
Exhibits.

99.1
Press Release of McDonald’s Corporation issued August 4, 2026: McDonald’s Appoints Skye Anderson as President of McDonald’s USA
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)









SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




McDONALD’S CORPORATION
(Registrant)
Date:August 4, 2026By:/s/ Jeffrey J. Pochowicz
Jeffrey J. Pochowicz
Vice President – Associate General Counsel and Corporate Secretary

Exhibit 99.1
McDonald's Appoints Skye Anderson as President of McDonald's USA

Proven McDonald's executive to lead the Company’s largest market, advancing growth strategy across the U.S. and strengthening value and experience

Brings deep operational expertise, strong financial leadership and a proven track record of driving performance across major markets and geographies.

CHICAGO, August 4, 2026 — McDonald's Corporation today announced that Skye Anderson, a Company executive with more than 26 years of McDonald’s experience, has been appointed President, McDonald's USA, effective today. Her appointment reflects the Company’s focus on improving everyday restaurant experience, strengthening value offerings for customers and driving long-term profitable growth across the U.S. business. In this role, Anderson will oversee nearly 14,000 restaurants across the United States and lead the Company's largest market as the organization advances McDonald's > NEXT, its strategy to be customers' first choice while unlocking growth and productivity across the System.

Anderson succeeds Joe Erlinger, who has decided to leave the Company after more than two decades with McDonald's, including almost seven years leading the U.S. business.

Anderson’s appointment follows a deliberate leadership transition plan initiated earlier this year with her return to McDonald’s USA as Chief Operating Officer, with the goal of helping ensure continuity and to prepare her to lead the Company’s largest market.

“Skye combines deep operational discipline with strong financial judgment and has earned the trust of Owner/Operators, suppliers and employees,” said Chris Kempczinski, Chairman and Chief Executive Officer, McDonald's Corporation. “I've had the opportunity to work closely with Skye throughout much of her career, and I've repeatedly turned to her to lead some of our most important businesses and transformation efforts because she’s a proven change agent who can act with urgency to mobilize our System.”

"As we bring McDonald's > NEXT to life, the U.S. business has a critical role to play in translating our ambition into action for customers, crew and Owner/Operators," added Kempczinski. “Having led the U.S. business myself, I understand the opportunities and challenges ahead. Skye knows that great strategies only matter if they create better outcomes in restaurants. I look forward to working closely with her and the U.S. leadership team to help accelerate performance and unlock the significant opportunity in front of us, and I have tremendous confidence that she is the ideal leader for this next phase of our U.S. business.”

Anderson’s Experience Across the McDonald’s System

Few leaders have worked across as many parts of the McDonald's System as Anderson. Her career reflects the breadth of the McDonald's System and gives her a unique perspective on the dynamics of the U.S. business and the opportunities ahead. Her experience spans finance leadership in Australia, field and zone leadership across the United States, the creation of the Company’s Global Business Services and, most recently, leadership of U.S. operations as Chief Operating Officer.

Anderson has helped drive results while leading through periods of transformation and growth. Over a four-year tenure as head of the U.S. West Zone, she helped support strategic initiatives that modernized a base of more than 5,700 restaurants, drove comparable sales growth of more than 30 percent, and increased average restaurant unit cash flow by $100,000. She has repeatedly demonstrated an ability to translate strategy into execution and deliver results across different parts of our business.

"McDonald's has always been at its best when we harness the strength of our unique System to serve customers and communities," said Anderson. "I am honored to lead the U.S. business and build on the strong foundation already in place. Together with our Owner/Operators, suppliers and employees, we'll remain focused on serving great food,

Exhibit 99.1
delivering exceptional experiences, earning the right to be our customers' first choice and bringing McDonald's > NEXT to life across our restaurants every day."

Recognizing Erlinger's Contributions

Kempczinski also recognized Erlinger's significant contributions to McDonald's.

"Joe has made a tremendous impact on McDonald's throughout his more than 20-year career," said Kempczinski. "As President of McDonald's USA, he helped guide the business through a period of significant change while strengthening our digital capabilities, franchise system and operational foundation. Joe leaves an indelible mark on our culture and business, and we are grateful for his leadership and contributions.”

Erlinger will work closely with Anderson to ensure a seamless leadership transition and serve as an advisor until early 2027.

About McDonald’s
McDonald's is the world's leading global foodservice retailer with over 45,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.

Source: View Original Filing on SEC EDGAR

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