- McDonald’s Corporation (MCD) announced several changes to its board. These are the details.
McDonald’s Corporation (MCD) announced the retirement of Sheila Penrose from the McDonald’s Board of Directors. And the company also announced the election of Tony Capuano, Marriott International; Jennifer Taubert, Johnson & Johnson; and Amy Weaver, Salesforce, to the Board. Sheila’s retirement will be effective September 30 and the election of Tony, Jennifer, and Amy take effect October 1.
The appointments include:
1.) Anthony Capuano who serves as CEO of Marriott International, a global hospitality company with a footprint of over 8,100 properties around the world. Capuano brings deep experience in real estate and leading an organization with a significant focus on franchising and driving digital customer engagement through its Marriott Bonvoy loyalty program. And under Capuano’s leadership, the company launched “Marriott’s Bridging the Gap” program, a multi-year development initiative focused on fostering a more diverse and inclusive owner and franchisee base.
2.) Jennifer Taubert who serves as Executive Vice President and Worldwide Chairman, Pharmaceuticals at Johnson & Johnson. And as a leader of the company’s largest sector, with $52 billion in worldwide sales and more than 45,000 employees, Taubert has extensive experience navigating the complexities of a global business in a highly dynamic environment. A purpose-driven leader, she has dedicated her career to healthcare and making a positive impact for people and communities on a global scale.
3.) Amy Weaver who serves as President and Chief Financial Officer of Salesforce, the leader in customer relationship management technology. And as a seasoned executive with extensive financial, legal and digital experience, Weaver is responsible for leading Salesforce’s global finance organization. Before her appointment last year, she served as the company’s Chief Legal Officer. Weaver has driven many of Salesforce’s most strategic and operational initiatives, translating social imperatives into business successes.
KEY QUOTES:
“For over 15 years, Sheila has been a deeply committed and highly valued member of our Board. We have all benefited from her thoughtful counsel, strong expertise and unwavering dedication to McDonald’s. Through her leadership of the Sustainability and Corporate Responsibility Committee, Sheila has overseen McDonald’s critical progress against our ambitious climate, responsible sourcing and diversity, equity and inclusion goals, positioning us as a leader in the industry. We are grateful for all that she has done for McDonald’s and the communities we serve. It is a testament to this great brand, and a continuation of the rich legacy of its Board, that we are welcoming such experienced, global leaders to help steward McDonald’s continued success. Each of these individuals represent the highest caliber of values-based leadership, bringing deep and varied expertise to help guide the company.”
— Enrique Hernandez, Jr., McDonald’s Chairman of the Board
“Sheila has been a tremendous resource for me on our Board of Directors. She’s helped to spearhead our sustainability efforts and advocated on behalf of the larger role that McDonald’s plays in communities around the world. I will miss her. At the same time, I’m excited to welcome Tony, Jennifer and Amy to McDonald’s. They are inspiring leaders with a demonstrated track-record leading large, complex organizations. Their experience stewarding some of the world’s most respected global brands will benefit McDonald’s greatly and position the Company for continued growth.”
— Chris Kempczinski, McDonald’s President and Chief Executive Officer
