Mcdonald’s Shakes Up Domestic Team

McDonald’s Corp., in one of the largest management shake-ups in its history, Wednesday announced the retirement of its domestic operations president and the reorganization of its U.S. business as it seeks to boost sales.

Edward H. Rensi, who moved up the fast-food chain’s corporate hierarchy to become president and chief executive of U.S. operations, will retire.

Jack Greenberg, who effectively took over day-to-day control of the domestic operations late last year, will assume the title of chairman and chief executive of McDonald’s USA.