McDonald Board Shakeup – Thew New Members Added, One Exits

McDonald

Three new directors are joining the McDonald’s board, while one veteran director leaves.

After serving on the board of the fast-food behemoth for 16 years, Sheila Penrose, who chairs the board’s sustainability and corporate responsibility committee, will step down on September 30.

Enrique Hernandez Jr., the McDonald’s board chairman, lauded Penrose for supervising the company’s progress toward its environment, responsible sourcing, and diversity, equity, and inclusion goals in a statement released on Monday.

Tony Capuano, Jennifer Taubert, and Amy Weaver were chosen as three new board members, and they will begin serving on October 1. The restructuring doubles the proportion of female members and increases the number of directors to 14.

Capuano has experience working with franchisees because he is the CEO of Marriott International. He participates in the Business Roundtable as well.

Weaver has served as the chief financial officer of Salesforce since 2021. She formerly held the position of chief legal officer for the business. McDonald’s also emphasised her past employment at Expedia as proof of her digital expertise.

Taubert works for Johnson & Johnson as executive vice president and chairman of the global medicines division. She previously held positions at rival pharmaceutical behemoths Merck and Allergan before joining Johnson & Johnson.