"It's tough to say goodbye to the McFamily, but there is a time and season for everything," Thompson said in a McDonald's statement announcing his departure.
McDonald’s replaced its U.S. president last year. Mike Andres, who took over in October, is overseeing a revamp of the chain’s menu, which franchisees, investors and the media have blamed for longer wait times at drive-thru windows and at the counter, a more complicated kitchen and ultimately, declining sales. The fast food giant is cutting eight items from its menu, which had ballooned to more than 100 choices in recent years.
But the efforts haven’t done much to move the needle. Ongoing fallout from a supplier issue in Asia also continues to weigh on the company. McDonald’s profit dropped 21 percent in the most recent quarter from the same period a year earlier, the company announced last week.
McDonald’s struggles aren’t limited to getting diners interested in its food. The chain has been the main target of growing protests to raise wages in the fast food industry.
source: huffingtonpost.com by