CHICAGO, May 26, 2022
/PRNewswire/ -- McDonald's Corporation (NYSE: MCD) today
announced that, based on a preliminary vote count provided by its
proxy solicitor, shareholders have voted to re-elect all 12 of
McDonald's highly qualified directors to the McDonald's Board:
Enrique Hernandez, Jr., Lloyd H. Dean, Robert A. Eckert,
Catherine M. Engelbert, Margaret H. Georgiadis, Chris Kempczinski, Richard H. Lenny, John
J. Mulligan, Sheila A.
Penrose, John W. Rogers, Jr.,
Paul S. Walsh and Miles D. White. The preliminary results also
indicate that Mr. Icahn's two nominees received approximately 1% of
the Company's outstanding shares and were not elected to the
McDonald's Board.
The Company issued the following statement:
The McDonald's Leadership Team and Board of
Directors would like to thank shareholders for their continued
support and engagement. Under the current leadership, and guided by
the Board of Directors, McDonald's has successfully continued its
long history of sustainable value creation while acting on some of
the world's most pressing social and environmental challenges
important to our stakeholders.
The McDonald's Board is comprised of a diverse,
highly engaged group of individuals that provide effective
oversight of our Company and have strong track records inside and
outside of our Boardroom. McDonald's shareholders value a Board of
Directors with a breadth of experiences to advise the Brand on the
multitude of issues that can impact the business.
McDonald's is committed to remaining a leader on
ESG initiatives, including animal welfare. Its approach is governed
by making a meaningful impact in the communities it serves while
also meeting the needs of customers. Moving forward, McDonald's
Board and Leadership Team remain focused on continuing to take
actions that uphold and advance our values while committing to
serve the interests of all our shareholders.
Additional information regarding the results of the annual
shareholders' meeting will be available in a Form 8-K filed with
the Securities and Exchange Commission and on McDonald's investor
relations website within the next four business days. The vote is
subject to certification by the Independent Inspectors of
Election.
About McDonald's
McDonald's is the world's leading
global foodservice retailer with more than 39,000 locations in over
100 countries. Approximately 95% of McDonald's restaurants
worldwide are owned and operated by independent local business
owners.
Forward-Looking Statements
This release and
other written or oral statements made from time to time by
McDonald's contain forward-looking statements about future events
and circumstances. Generally speaking, any statement not based upon
historical fact is a forward-looking statement. In particular,
statements regarding McDonald's plans, strategies, prospects and
expectations regarding its business and industry are
forward-looking statements. They reflect McDonald's expectations,
are not guarantees of performance and speak only as of the date
hereof. Except as required by law, McDonald's does not undertake to
update such forward-looking statements. You should not rely unduly
on forward-looking statements. McDonald's business results are
subject to a variety of risks, including those that are described
in its Quarterly Report on Form 10-Q for the quarter ended
March 31, 2022 and subsequent filings
with the Securities and Exchange Commission.
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SOURCE McDonald's Corporation