McDonald’s board includes 3 brand-new directors in shake-up

McDonald's raises price of UK cheeseburger for first time in 14 years

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McDonald’s has actually raised the rate of its cheeseburgers in the U.K. for the very first time in 14 years.

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McDonald’s board is getting 3 brand-new members and losing one long time director.

Sheila Penrose, who leads the board’s sustainability and business obligation committee, will retire onSept 30 after 16 years on the fast-food giant’s board. Earlier this year, billionaire Carl Icahn targeted her seat in his not successful proxy battle with McDonald’s over animal well-being, however she conveniently endured the obstacle.

In a declaration Monday, Enrique Hernandez Jr., chairman of McDonald’s board, applauded Penrose for supervising the business’s development on its environment, accountable sourcing, and variety, equity and addition targets.

Tony Capuano, Marriott CEO, at the WEF in Davos, Switzerland on May 24 th, 2022.

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The board chose 3 brand-new members: Tony Capuano, Jennifer Taubert and Amy Weaver, who will take their seats onOct 1. The shake-up brings the overall variety of directors to 14 and doubles the variety of female members.

Capuano is CEO of Marriott International, a position that has actually provided him experience dealing with franchisees. He’s likewise a member of the Business Roundtable.

Weaver has actually been primary monetary officer of Salesforce because2021 Before that function, she functioned as the business’s primary legal officer. McDonald’s highlighted her digital experience also, with her previous work at Expedia.

Jennifer Taubert, around the world chairman of pharmaceuticals at Johnson & &(****************************************************************** )listens throughout a Senate Finance Committee hearing on drug prices on Capitol Hill in Washington, D.C., U.S., on Tuesday,Feb 26, 2019.

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Taubert acts as executive vice president and around the world chairman of pharmaceuticals for Johnson & &Johnson(******************************************************************************************** )operating at Johnson & & Johnson, she was utilized at competing pharmaceutical giants Merck and Allergan.