Chris Kempczinski is the CEO of McDonald's Corporation, taking the helm in November 2019 after serving as President of McDonald’s USA. His previous experience includes significant roles at Kraft Heinz, where he drove global growth initiatives. During his time at...

Current Market Cap

$209.52B

Number of Employees

150K

Total Compensation

2019 - 2023

Trending up by 201.87% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 3.20% last year

Bonus

Up by 0.00% last year

Other

Up by 7.43% last year

Year

2023

Total Compensation

$6.16M

Salary

$1.43M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and shareholder interests, while also considering market competitiveness and internal equity.

Bonus

$4.03M

Board Justification

The bonus is based on the Corporate Short-Term Incentive Plan (STIP) payout factor of 141.3% for 2023, which reflects the company's performance metrics including operating income growth, Systemwide sales growth, new restaurant openings, and human capital metrics.

Other

$709.66K

Board Justification

Other compensation includes contributions to retirement plans, life insurance, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock options or restricted stock units (RSUs) vested in 2023 that are included in the total compensation calculation.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included operating income growth, Systemwide sales growth, new restaurant openings, and human capital metrics.

SEC Filing

From April 8, 2024