McDonald's Management

Management criteria checks 3/4

McDonald's' CEO is Chris Kempczinski, appointed in Nov 2019, has a tenure of 4.67 years. total yearly compensation is $19.16M, comprised of 7.4% salary and 92.6% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth €151.27M. The average tenure of the management team and the board of directors is 3.1 years and 4.6 years respectively.

Key information

Chris Kempczinski

Chief executive officer

US$19.2m

Total compensation

CEO salary percentage	7.4%
CEO tenure	4.7yrs
CEO ownership	0.09%
Management average tenure	3.1yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Kempczinski's remuneration changed compared to McDonald's's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$9b
Dec 31 2023	US$19m	US$1m	US$8b
Sep 30 2023	n/a	n/a	US$8b
Jun 30 2023	n/a	n/a	US$8b
Mar 31 2023	n/a	n/a	US$7b
Dec 31 2022	US$18m	US$1m	US$6b
Sep 30 2022	n/a	n/a	US$6b
Jun 30 2022	n/a	n/a	US$6b
Mar 31 2022	n/a	n/a	US$7b
Dec 31 2021	US$20m	US$1m	US$8b
Sep 30 2021	n/a	n/a	US$7b
Jun 30 2021	n/a	n/a	US$7b
Mar 31 2021	n/a	n/a	US$5b
Dec 31 2020	US$11m	US$964k	US$5b
Sep 30 2020	n/a	n/a	US$5b
Jun 30 2020	n/a	n/a	US$5b
Mar 31 2020	n/a	n/a	US$6b
Dec 31 2019	US$5m	US$868k	US$6b
Sep 30 2019	n/a	n/a	US$6b
Jun 30 2019	n/a	n/a	US$6b
Mar 31 2019	n/a	n/a	US$6b
Dec 31 2018	US$5m	US$725k	US$6b
Sep 30 2018	n/a	n/a	US$5b
Jun 30 2018	n/a	n/a	US$5b
Mar 31 2018	n/a	n/a	US$5b
Dec 31 2017	US$4m	US$675k	US$5b

Compensation vs Market: Chris's total compensation ($USD19.16M) is above average for companies of similar size in the German market ($USD5.05M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.

CEO

Chris Kempczinski (55 yo)

4.7yrs

Tenure

US$19,155,001

Compensation

Mr. Christopher J. Kempczinski, also known as Chris, has been the Chief Executive Officer and Director at McDonald's Corporation since November 1, 2019 and has been its Chairman since May 22, 2024 and serv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Kempczinski	Chairman & CEO	4.7yrs	US$19.16m	0.090% $ 151.3m
Ian Borden	Executive VP & Global CFO	1.8yrs	US$6.81m	0.033% $ 56.0m
Gillian McDonald	Executive VP & President at International Operated Markets	1.8yrs	US$8.50m	0.0016% $ 2.8m
Joseph Erlinger	EVP & President of McDonald's USA	9.3yrs	US$6.41m	0.0019% $ 3.2m
Jonathan Banner	Executive VP & Global Chief Impact Officer	1.8yrs	US$7.35m	0% $ 0
Catherine Hoovel	Senior VP	3yrs	no data	0.00021% $ 353.4k
Brian Rice	Executive VP & Global Chief Information Officer	1.9yrs	US$4.58m	0.00037% $ 622.6k
Mike Flores	Senior VP & Investor Relations Officer	no data	no data	no data
Desiree Ralls-Morrison	Executive VP	3.3yrs	US$4.78m	0.0018% $ 3.1m
Morgan Flatley	Executive VP and Global Chief Marketing Officer & New Business Ventures	3.5yrs	no data	0.00040% $ 673.1k
Heidi Capozzi	Executive VP & Global Chief People Officer	4.3yrs	US$9.15m	0.0038% $ 6.4m
Radek Janalik	Managing Director of McDonald's Hungary	no data	no data	no data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: MDO's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Kempczinski	Chairman & CEO	4.7yrs	US$19.16m	0.090% $ 151.3m
Miles White	Lead independent Director	15.3yrs	US$352.93k	0.00069% $ 1.2m
Paul Walsh	Independent Director	5.5yrs	US$352.93k	0% $ 0
Lloyd Dean	Independent Director	8.9yrs	US$332.07k	0% $ 0
Kareem Daniel	Independent Director	1.8yrs	US$327.93k	0% $ 0
Mary Georgiadis	Independent Director	9.5yrs	US$327.93k	0.00030% $ 504.9k
Amy Weaver	Independent Director	1.8yrs	US$327.93k	0% $ 0
Anthony Capuano	Independent Director	1.8yrs	US$327.93k	0.000020% $ 33.7k
Michael Hsu	Independent Director	less than a year	no data	0.000010% $ 16.8k
John Mulligan	Independent Director	8.9yrs	US$352.93k	0.00040% $ 673.1k
Jennifer Taubert	Independent Director	1.8yrs	US$327.93k	0% $ 0
Catherine Engelbert	Independent Director	4.6yrs	US$357.93k	0.00029% $ 488.0k

4.6yrs

Average Tenure

59.5yo

Average Age

Experienced Board: MDO's board of directors are considered experienced (4.6 years average tenure).

McDonald's Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

EVP & President of McDonald's USA recently sold €284k worth of stock

McDonald's Corporation, Annual General Meeting, May 22, 2024

McDonald's Corporation, Annual General Meeting, May 22, 2024

McDonald's Corporation Announces Board Changes

McDonald's Corporation Announces Retirement of Catherine A. Hoovel as Senior Vice President – Corporate Controller, Principal Accounting Officer, Effective October 1, 2024

Recent updates

McDonald's Announces Quarterly Cash Dividend, Payable on September 17, 2024

PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK).

Now 21% undervalued after recent price drop

PAR Technology Corporation (NYSE:PAR) completed the acquisition of TASK Group Holdings Limited (ASX:TSK).

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

High number of new directors

Now 21% undervalued after recent price drop

First quarter dividend of US$1.67 announced

McDonald's Corporation Announces Quarterly Cash Dividend, Payable on June 17, 2024

First quarter 2024 earnings released: EPS: US$2.66 (vs US$2.47 in 1Q 2023)

EVP & President of McDonald's USA recently sold €284k worth of stock

McDonald's Corporation, Annual General Meeting, May 22, 2024

McDonald's Corporation, Annual General Meeting, May 22, 2024

McDonald's Corporation (NYSE:MCD) signed an agreement to acquire Alonyal Ltd. from Omri Padan.

McDonald's Corporation Announces Board Changes

McDonald's Corporation Announces Retirement of Catherine A. Hoovel as Senior Vice President – Corporate Controller, Principal Accounting Officer, Effective October 1, 2024

Full year 2023 earnings released: EPS: US$11.64 (vs US$8.39 in FY 2022)

Upcoming dividend of US$1.67 per share

Fourth quarter dividend of US$1.67 announced

McDonald's Announces Quarterly Cash Dividend, Payable on March 15, 2024

Full year 2023 earnings released: EPS: US$11.57 (vs US$8.39 in FY 2022)

Upcoming dividend of US$1.67 per share at 2.4% yield

McDonald's Corporation (NYSE:MCD) agreed to acquire additional 28% stake in McDonald's China Management Limited from The Carlyle Group Inc. (NasdaqGS:CG).

New major risk - Financial position

Third quarter 2023 earnings released: EPS: US$3.17 (vs US$2.70 in 3Q 2022)

McDonald's Declares Quarterly Cash Dividend of $1.67 Per Share of Common Stock Payable on December 15, 2023

McDonald's Corporation to Report Q3, 2023 Results on Oct 30, 2023

President recently sold €1.5m worth of stock

McDonald's Corporation Announces Retirement of Richard "Rick" Lenny from Board of Directors, Effective October 31, 2023

Upcoming dividend of US$1.52 per share at 2.2% yield

McDonald's Corporation Provides Earnings Guidance for the Full Year 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$3.15 (vs US$1.61 in 2Q 2022)

McDonald's Corporation's Announces Quarterly Cash Dividend, Payable on September 18, 2023

McDonald's China Owners Carlyle, Trustar Reportedly Plan $4 Billion Exit

Insider recently sold €532k worth of stock

McDonald's Corporation Declares Quarterly Cash Dividend, Payable on June 20, 2023

Insider recently sold €229k worth of stock

First quarter 2023 earnings released: EPS: US$2.45 (vs US$1.49 in 1Q 2022)

Upcoming dividend of US$1.52 per share at 2.3% yield

Dongwon Industries Co., Ltd. (KOSE:A006040) made a bid to acquire ShinMac Company Ltd. from McDonald's Corporation (NYSE:MCD).

Full year 2022 earnings released: EPS: US$8.33 (vs US$10.11 in FY 2021)

Rulog LLC acquired McDonald's franchise in Abkhazia, Georgia from McDonald's Corporation (NYSE:MCD).

McDonald's Corporation Announces Executive Changes

Upcoming dividend of US$1.52 per share

Third quarter 2022 earnings released: EPS: US$2.68 (vs US$2.88 in 3Q 2021)

McDonald's Corporation Announces Quarterly Cash Dividend, Payable on December 15, 2022

McDonald's Corporation Appoints Kareem Daniel as an Independent Director

Byron Allen's Allen Media Group Wins Significant Legal Victory in Racial Discrimination-Based Lawsuit Against McDonald's Corporation in U.S. Federal Court

McDonald' Appoints Jon Banner as Executive Vice President and Global Chief Impact Officer, Effective on September 6, 2022

Upcoming dividend of US$1.38 per share

McDonald's Corporation Announces Key Changes to Board of Directors

Insufficient new directors

McDonald Appoints Brian Rice as Executive Vice President and Global Chief Information Officer, August 31, 2022

McDonald's Corporation Promotes Ian Borden as Chief Financial Officer, Effective September 1, 2022

McDonald's Corporation Announces Quarterly Cash Dividend, Payable on September 16, 2022

Mcdonald's Appoints Jill Mcdonald as Executive Vice President and President, International Operated Markets

McDonald's Corporation (NYSE:MCD) agreed to acquire McDonald's Locations and Franchises from Caspers Company Inc.

McDonald's Corporation Announces Executive Changes

McDonald's Corporation Announces Quarterly Cash Dividend, Payable on June 20, 2022

Alexander Govor agreed to acquire 850 Russian restaurants of McDonald’s from McDonald's Corporation (NYSE:MCD).

Alexander Govor agreed to acquire 850 Russian restaurants of McDonald’s from McDonald's Corporation (NYSE:MCD).

Mcdonald's Corporation to Exit from Russia

President of McDonald's USA recently sold €446k worth of stock

Carl C Icahn Issues Presentation to Shareholders of McDonald’s Corporation

Carl C. Icahn Issues a Presentation to Shareholders of McDonald’s Corporation

First quarter 2022 earnings released: EPS: US$1.48 (vs US$2.06 in 1Q 2021)

Insufficient new directors