Denis Hennequin, president of McDonald's Europe, will step down at the end of the month, the company said Wednesday. McDonald’s chief executive Jim Skinner said a succession plan for McDonald’s Europe was in place and that the company expects to name a replacement soon. Hennequin, who oversaw more than 6,800 restaurants in 39 countries, is leaving McDonald's to become chief executive of Accor SA, the largest hotelier in Europe. In a research note Wednesday, restaurant securities ...

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