CHICAGO, May 26, 2022 /PRNewswire/ -- McDonald's Corporation 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.
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.
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.
SOURCE McDonald's Corporation
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