(Reuters) – McDonald’s Corp said on Monday that Ian Borden, president of its international business, would take over as chief financial officer, with the current finance head Kevin Ozan moving to lead the company’s strategic initiatives.
Borden, a 30-year McDonald’s veteran, has served in various senior-level finance roles, overseeing McDonald’s businesses in the Asia-Pacific, the Middle East and Africa and was also managing director of McDonald’s Ukraine.
The burger chain said Ozan, who has been CFO since 2015, will continue to serve in the company’s leadership team and plans to retire next year.
Borden’s appointment as CFO is effective Sept. 1.
McDonald’s also said its current global chief supply chain officer Francesca DeBiase will retire in August and be replaced by current North America supply chain head Marion Gross.
(Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli and Anil D’Silva)
