CHICAGO, Dec. 9, 2019 /PRNewswire/
-- McDonald's
Corporation (NYSE: MCD) announced today that business executive
Catherine M. Engelbert was elected
to the company's Board of Directors, effective December 6, 2019.
Engelbert, 55, currently serves as the first-ever Commissioner
for the Women's National Basketball Association (WNBA), where she
is responsible for setting the vision for the WNBA and overseeing
the day-to-day business and basketball operations. As
Commissioner, Engelbert's role has focused on bolstering visibility
for the WNBA, empowering players, and growing the league's
business.
Prior to joining the WNBA in July
2019, Engelbert had a distinguished career at Deloitte, most
recently as the Chief Executive Officer from 2015 to 2019. In this
role, Engelbert became the first woman ever to lead a Big Four
professional services firm in the U.S., overseeing more than
100,000 employees.
"Cathy is an exceptional leader with a track record of guiding
organizations to strength and success," said Enrique Hernandez, Jr., McDonald's Chairman of the Board.
"McDonald's will benefit from her
fresh perspectives, strong operational experience, and broad
financial expertise. Cathy's election also underscores our
commitment to diversity at all levels, from the crew room to the
board room."
"Cathy is a leader who has challenged convention to deliver
tangible change," said Chris
Kempczinski, McDonald's
President and Chief Executive
Officer. "I am inspired by her people-first approach to business
and looking forward to benefiting from her entrepreneurial thinking
across our global organization."
"McDonald's is a well-known and
admired global brand with a rich legacy of modernizing itself to
meet ever changing societal needs and expectations," Engelbert
said. "I'm proud to be joining the Board now at this
important time, and I look forward to contributing to its global
impact."
Engelbert serves on the Board of Directors for Catalyst, a
global nonprofit that works to accelerate women into leadership.
She also serves on the Board of Partnership for NYC and is a member of the Council on Foreign
Relations.
Engelbert received a bachelor's degree in accounting from
Lehigh University and is a certified
public accountant licensed in Pennsylvania, New
York and New Jersey.
About McDonald's
McDonald's is the world's leading
global foodservice retailer with over 38,000 locations in over 100
countries. Approximately 93% of McDonald's restaurants worldwide are owned and
operated by independent local business men and women.
FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking statements, which
reflect management's expectations regarding future events and
operating performance and speak only as of the date hereof. These
forward-looking statements involve a number of risks and
uncertainties. The factors that could cause actual results to
differ materially from our expectations are detailed in the
Company's filings with the Securities and Exchange Commission, such
as its annual and quarterly reports and current reports on Form
8-K. The Company undertakes no obligations to update such
forward-looking statements, except as may otherwise be required by
law.
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SOURCE McDonald's
Corporation