Retail in Asia

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McDonald’s hires ex-Obama press secretary as communications head

McDonald’s Corp said it hired Robert Gibbs, US President Barack Obama’s press secretary during his first term, as its chief communications officer.

The world’s biggest restaurant chain by sales also named Bacardi Ltd’s Silvia Lagnado as its chief marketing officer, a position vacant since 2010.

Chief Executive Steve Easterbrook laid out plans in May to overhaul the company’s businesses and management as part of efforts to make the fast-food chain a "modern, progressive burger company."

(Source: CNBC)