McDonald’s loses one member of the board of directors and adds three more
McDonald’s announced several changes to its board of directors on Monday.
McDonald’s announced in a press release that three CEOs — Salesforce President and Chief Financial Officer Amy Weaver, Executive Vice President of Johnson & Johnson and Global Chairman of the Board, Pharmaceutical Company Jennifer Taubert, and CEO of Marriott International Anthony Capuano — have been elected to the Board of Directors. Their administrations will begin on October 1.
“They are an inspiration to leaders who have a proven track record of leading large and complex organizations,” Chris Kempczynski, McDonald’s President and CEO, said in a statement. “Their experience in managing some of the world’s most respected brands will greatly benefit McDonald’s and position the company for continued growth.”
Meanwhile, the company, board member Sheila Penrose, announced that he is set to retire from the board on September 30 after more than 15 years. She currently chairs the Sustainability and Corporate Responsibility Committee and also serves on the Governance Committee, according to her profile on the McDonald’s website.
McDonald workers lauded for saving man from motor vehicle predicament
“Through her leadership of the Sustainability and Corporate Responsibility Committee, Sheila has overseen important progress for McDonald’s in addressing our ambitious climate, responsible diversity, and equity and inclusion goals, making us industry leaders,” Enrique Hernandez Jr., Chairman of the Board of Directors, said in a statement. In which she expressed her gratitude for her work at McDonald’s.
Kempzinski called Penrose a “tremendous resource” for him and said he would “miss it”.
McDonald’s finally brought a twist on the big Mac classic to the US
In May, Reuters reported that she withstood a failed attempt by billionaire investor Carl Icahn to replace her and another board member with other individuals. According to the outlet, Icahn tried to move during a proxy fight with McDonald’s over animal welfare policy regarding pigs.
|ribbon||protection||else||they change||they change %|
|JNJ||Johnson & Johnson||167.59||-0.59||-0.35%|
McDonald’s reported in late July that its consolidated revenue fell 3% in the second quarter of 2022, while comparable global sales increased 9.7%.