McDonald’s Corporation (MCD) announced the retirement of Enrique “Rick” Hernandez, Jr. as non-executive Chairman of the company’s Board of Directors, effective as of the date of the Company’s 2024 Annual Shareholders’ Meeting. Following Rick’s retirement, Chris Kempczinski will assume the combined role of CEO and Chairman of the Board, and Miles White will assume the role of Lead Independent Director. vThe Company also announced the nomination of Mike Hsu, Chairman and CEO of Kimberly-Clark Corporation (KMB), as an independent director of the Board.
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