Blum Leaving CEO Post at Burger King

CHICAGO Burger King CEO Brad Blum is leaving the company, citing strategic differences with its board, according to a statement released by the fast-food chain.

“While there remains much work to be done, good progress is being achieved and the team is committed to accelerating this growth. I have enjoyed my relationship with the company’s many employees and franchisees and wish to thank them for their support in building the Burger King brand,” said Blum, who joined the company in December 2002 from Darden Restaurants, in a statement.

According to a statement from the board, the Miami company’s senior managers would continue to oversee the business. The board said it had begun searching for a replacement and hoped to have a new CEO named by Aug. 1.

Burger King’s lead advertising agency is MDC Partners’ Crispin Porter + Bogusky in Miami. The shop won the account in January without a review. Burger King spends an estimated $350 million on advertising annually.