<p>McDonald's said on Tuesday CEO Chris Kempczinski will take on an additional role as chairman of the board after the retirement of Enrique Hernandez.</p><p>The retirement of Hernandez, who has been on McDonald's board for 28 years, is effective as of the date of the company's 2024 annual shareholders' meeting.</p>.Third Wave Coffee's CEO Sushant Goel steps down, former KFC CEO Rajat Luthra to take charge.<p>The fast-food chain also announced the nomination of Mike Hsu, chairman and CEO of Kimberly-Clark, as an independent director of the board.</p><p>Shares of McDonald's were up nearly 2 per cent in morning trade.</p>
<p>McDonald's said on Tuesday CEO Chris Kempczinski will take on an additional role as chairman of the board after the retirement of Enrique Hernandez.</p><p>The retirement of Hernandez, who has been on McDonald's board for 28 years, is effective as of the date of the company's 2024 annual shareholders' meeting.</p>.Third Wave Coffee's CEO Sushant Goel steps down, former KFC CEO Rajat Luthra to take charge.<p>The fast-food chain also announced the nomination of Mike Hsu, chairman and CEO of Kimberly-Clark, as an independent director of the board.</p><p>Shares of McDonald's were up nearly 2 per cent in morning trade.</p>