McDonald's CEO Steve Easterbrook nominated to Walmart board

Easterbrook started as an accountant but has spent most of his career in the restaurant industry

Walmart Inc. has nominated McDonald’s Corp. Chief Executive Officer Steve Easterbrook to its board in a bid to bring on an adviser with experience abroad.

Easterbrook, a 50-year-old British native, will replace Instagram founder Kevin Systrom, who is departing after four years to prioritize work and other outside commitments, according to a regulatory filing Friday. James Cash, Walmart’s lead independent director, is also retiring from the board after a 12-year tenure. Existing director Thomas Horton, the former head of American Airlines Group Inc., will assume Cash’s role.

Easterbrook started as an accountant but has spent most of his career in the restaurant