- McDonald's (MCD +0.2%) CEO Chris Kempczinski has now been on the job for a week as he settles in to take on some challenges.
- One of the hurdles for the exec could be the "tense" relationship he has with franchisees, according to Bloomberg.
- Sources say the key role played by Kempczinski in piling on costs of the chain's tech transformation to franchisees has created some ongoing friction with the group.
- Kempczinski for his part is exuding confidence in the path ahead for McDonald's, snapping up another 2,580 shares last week at an average cost of $193.18 per share (SEC filing).
- Shares of McDonald's are up 2.8% since CEO Steve Easterbrook was dismissed.