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In 2023, McDonald's CEO and chairman Chris Kempczinski received a raise and was paid around 1,212 times that of the average employee. He snagged a salary of $19.2 million, including bonuses and stock.
Kempczinski joined the McDonald's global strategy team in late 2015, and was promoted to president of McDonald's USA in October 2016 where he oversaw the business operations of approximately 14,000 restaurants. [9] [11] [12] In November 2019, he succeeded Steve Easterbrook as president and CEO. [13]
McDonald's (MCD) CEO Jim Skinner's $17 million pay package is directly tied to the fast-food company's delivery of solid revenues and big returns for shareholders during an economic downturn. The ...
In South Korea, McDonald's pays part-time employees $5.50 an hour and is accused of paying less with arbitrary schedule adjustments and pay delays. [95] McDonald's former CEO, Steve Easterbrook, earned an annual salary of $1,100,000. [96] In 2015, Easterbrook had a base salary of $1.3 million and received $15.4 million in total compensation. [97]
United States: The Dodd–Frank Wall Street Reform and Consumer Protection Act, which began in 2018, requires publicly traded companies to report a "pay ratio", which is the ratio of the CEO's to the median employee's pay. [17] For example, in 2018 McDonald's CEO's ratio was 3,101:1 (although the median pay was of a worker in Poland), while in ...
Steve Easterbrook became the CEO of McDonald's Corporation (NYSE:MCD) in 2015. First, this article will compare CEO...
In 2011 he left to become CEO of PizzaExpress and then CEO of Wagamama, two British casual dining chains, before returning to McDonald’s in 2013. [ 7 ] On 1 March 2015, after being chief brand officer of McDonald's and its former head in the UK and northern Europe, he became the CEO of the company, succeeding Don Thompson , who stepped down ...
CEOs at leading firms pocket over 1,000 times their employees' salaries. Curious about the companies with the widest gaps? Dive deeper to uncover the full story.