Sundar PichaiSundar Pichai earned $164M in 2023
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Stephen J. Easterbrook

Ex-CEO of McDonald's

Education

Not specified

Field of Expertise

Sales & Marketing - Marketing

Born

January 1, 1967 - 58 years ago

Economy Sector

Consumer Cyclical

Tenure

4 years 8 months (Mar 2015 - Nov 2019)

Previous Experience

CEO of Wagamama Limited and PizzaExpress Limited.

Stephen J. Easterbrook served as the CEO of McDonald's from March 2015 until November 2019. He focused on making the company more efficient and modern by introducing the Velocity Growth Plan, aimed at revitalizing the brand and increasing efficiency. Before...

Year

2019

Total Compensation

$18.11M

Salary

$1.16M

Board Justification

The compensation philosophy emphasizes pay-for-performance alignment, with a significant portion of compensation tied to the company's financial performance and shareholder value.

Bonus

$3.06M

Board Justification

The bonus is based on the short-term incentive plan (STIP) which rewards growth in annual operating income and comparable guest counts, with a payout of 145.5% of target for 2019.

Other

$954.81K

Board Justification

Other compensation includes contributions to retirement plans, perquisites such as car allowance, financial planning, and personal use of corporate aircraft.

Restricted Stock

$12.93M(74.13K RSU)

Board Justification

The stock awards consist of performance-based restricted stock units (PRSUs) that vested based on the company's performance metrics over the three-year period ending in 2019.

Performance Metrics

The performance metrics for 2019 included operating income growth and comparable guest count growth.