CEO Chris Kempczinski is betting on Skye Anderson, the exec he's tapped for tough assignments before, to boost sales growth and improve its value push.

McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.

McDonald’s posted a strong profit in its second quarter and named a new chief of U.S. operations as sales in the U.S. continue to be impacted by Americans’ cautious spending.

McDonalds posted higher second-quarter profit and revenue, though sales growth in its US market slowed as cautious consumers curbed spending. The company appointed a new US…