Connect with us

Business

McDonald’s CEO made more than $10.8 million last year – CNBC

McDonald’s CEO Chris Kempczinski received more than $10.8 million in compensation last year, despite the company missing performance targets

Published

on

Article feature image
ADVERTISEMENT

McDonald’s CEO Chris Kempczinski received more than $10.8 million in compensation last year, despite the company missing performance targets, according to a company filing.
In April, the fast-food giant said that its executives would take pay cuts as the coronavirus pandemic battered the restaurant industry. Kempczinski’s base salary was cut in half but reinstated in October as the company’s sales recovered. Without the pay cut, his base salary would have been $1.25 million, but he received about…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Venmo’s new crypto service lets you buy and sell bitcoin, ether, and litecoin – Ars Technica
Article feature image
Dogecoin ($DOGE): How Is It Different From Bitcoin ($BTC) and Should You Buy It? – Bloomberg
Article feature image
Two Canadian railroads launch bidding war for rare access to Mexico – CNN