MCDONALDS CORP (MCD)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
MCDONALDS CORP - Executive Compensation
Chairman, President and CEO
Executive Compensation
Christopher Kempczinski is the President and Chief Executive Officer of McDonald's Corporation, a position he has held since November 2019. Kempczinski joined McDonald's in 2015 as the Executive Vice President of Strategy, Business Development and Innovation, and was later promoted to President of McDonald's USA in 2017. Prior to joining McDonald's, he held various leadership roles at Kraft Foods Group, where he served as the Executive Vice President of Growth Initiatives and President of Kraft Canada. Kempczinski also spent a decade at Procter & Gamble in various marketing and management positions. Under Kempczinski's leadership, McDonald's has focused on accelerating the company's digital transformation and enhancing its customer experience. He has overseen the expansion of McDonald's digital channels, including the launch of the MyMcDonald's Rewards program and the growth of the company's mobile app and delivery services. Kempczinski has also prioritized sustainability initiatives, such as committing to a 36% reduction in greenhouse gas emissions by 2030 and sourcing 100% of its primary commodities responsibly by 2025. As CEO, he has navigated the challenges posed by the COVID-19 pandemic, implementing safety measures and supporting franchisees and employees. Kempczinski holds a Bachelor of Arts in Economics from Duke University and an MBA from Harvard Business School. He has been recognized for his leadership in the fast-food industry, with Forbes naming him one of the World's Most Influential CMOs in 2019. As the head of one of the world's largest and most iconic restaurant chains, Kempczinski continues to drive McDonald's growth and innovation while maintaining the company's commitment to its customers, employees, and communities.