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At close · Fri, Aug 14, 2026
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HomeGlobal MarketsNorth AmericaMcDonald's names new head for its U.S. business amid s…

McDonald's names new head for its U.S. business amid slowdown

McDonald's stock is down more than 11% this year, leaving its market cap at about $191 billion, according to CNBC World.

McDonald's has named a new leader for its U.S. business as the company said its biggest market is falling short, CNBC World reported.

The outlet said the stock has declined more than 11% this year, which has dragged McDonald's market capitalization to roughly $191 billion.

CNBC Earnings also highlighted the same situation, tying the leadership change to the company’s U.S. underperformance.

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