James Skinner held a substantial number of shares in McDonald's, specifically 169,916 shares. In connection to his role as CEO, these shares were worth about $48.9 million at their peak. He built this wealth over his long career with the...
James Skinner held a substantial number of shares in McDonald's, specifically 169,916 shares. In connection to his role as CEO, these shares were worth about $48.9 million at their peak. He built this wealth over his long career with the company, starting as a restaurant manager trainee. His shares highlighted his commitment to the company he helped grow. At his retirement in 2012, he still held these shares, showcasing his alignment with the interests of other shareholders. Skinner's approach reflected a belief that top executives should have skin in the game, motivating them to drive company success. His stock ownership was consistent with McDonald's policy against risky hedging of stock, reinforcing his alignment with the firm's long-term performance.