McDonald’s CEO received compensation worth $15.4 million

SHARE McDonald’s CEO received compensation worth $15.4 million
china_mcdonalds_newm_1_3.jpg

McDonald’s CEO Steve Easterbrook received compensation of $15.4 million last year as he worked to refresh the company’s image and cut costs. | AP Photo

NEW YORK — McDonald’s CEO Steve Easterbrook received compensation of $15.4 million last year as he worked to refresh the company’s image and cut costs amid growing competition and changing tastes.

Easterbrook’s pay package included a salary of $1.3 million, stock and options worth $9 million, and incentive pay of $4.6 million. He also got perks such as contributions to a retirement plan and a car allowance. Easterbrook became chief executive in March 2015. For that year, his pay package was $7.9 million.

McDonald’s Corp. has announced a series of changes under Easterbrook, including the rollout of an all-day breakfast menu in the U.S. and plans to use fresh beef patties in Quarter Pounders. Customer visits to established U.S. locations fell last year, though people on average spent more per visit.

The Latest
The officers were responding to a disturbance in the 100 block of West Division Street when they were injured.
Various media outlets’ bowl projections have Illinois going to the Music City Bowl in Nashville, Tenn., on New Year’s Eve, the Pinstripe Bowl in New York on Dec. 29 or the Duke’s Mayo Bowl in Charlotte, N.C., on Dec. 30.
East St. Louis destroyed the Wolves 57-7 to win its tenth state championship. It was the largest margin of victory in a title game in state history.
In the Feb. 28th election, voters will get to select members of their local Police District Council. These elected positions, three for each of the city’s 22 Police Districts, will weigh in on public safety matters.
Moral integrity demands outspokenness, and the silence in the face of this variant of evil undercuts claims to morality advocacy.