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New McDonald’s CEO Doesn’t Own a Single Share of the Company

Posted on AllSides November 5th, 2019
From The Left

Chris Kempczinski’s rapid ascent to the top job at McDonald’s Corp. has left him in a slightly awkward situation for a big-company leader: He doesn’t hold a single share in the restaurant chain.

In May, Kempczinski sold the entire stake he had accumulated since he started at McDonald’s in 2015 -- roughly 10,900 shares, regulatory filings show. He also exercised almost 27,900 options and liquidated that holding. The transactions netted him $4.44 million before taxes.

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https://www.bloomberg.com/news/articles/2019-11-05/new-mcdonald-s-ceo-doesn-t-own-a-single-share-of-the-company

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