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Chris Kempczinski - CEO of McDonald's

  • Born

    Born
    Boston, MA
  • Graduated from high school

    Graduated from high school
    Went to Indian Hill High School in Cincinnati, Ohio
  • Graduated from Duke University

    Graduated from Duke University
    Graduates with Bachelors Degree
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    Brand Manager at P&G

    Brand Manager at Procter and Gamble in Soap Sector
  • Graduated from Harvard Business School

    Graduated from Harvard Business School
    Graduates with MBA
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    Project Manager and Consultant at BCG

    Boston Consultant Group
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    Director of Corporate Strategy + Development at Pepsico

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    Vice President of Aquafina

    Part of Pepsico
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    Vice President of Non Carbonated Beverages

    Branch of Pepsico
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    Sr. Vice President of Kraft Foods - U.S. Grocery

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    President of Kraft Canada

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    Executive VP of Growth Initiatives and President, International

    Kraft Foods
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    Corporate Executive VP - Strategy, Business Development and Innovation

    McDonald's
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    President of McDonald's USA

  • Collecting Feedback

    Collecting Feedback
    In mid-November, after he became CEO, he asked all of the employees for feedback on the company. More than 1,000 employees gave truthful responses. He also learned about the culture and ethics during meetings.
  • Collecting Feedback Cont.

    Collecting Feedback Cont.
    In Mid-December, Chris held in-person town meetings to talk to employees in the United Kingdom and Germany.
    A quote from his speech: “Quite simply, we commit to use our Scale [Size of Company] for Good”
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    President & CEO of McDonalds

    Became CEO to replace Steve Easterbrook, who was removed due to “violating policies and demonstrating ‘poor judgment’”
  • Chris faces backlash after a text message about a Chicago shooting is revealed

    Chris faces backlash after a text message about a Chicago shooting is revealed
    • Jaslyn Adams, a 7 year old girl, was shot when she was sitting in a McDonald's parking lot with her father
    • Chris sent a text message to the Chicago Mayor that said: "the parents failed those kids which I know is something you can't say. Even harder to fix."
    • When the message was revealed Chris faced a lot of backlash, his response was that he has a “‘narrow worldview that I have to work hard to correct.’"
  • Period: to

    Board of Directors at P&G

    Committees:
    Audit, Compensation & Leadership Development
  • Quote

    "'...Yes, we serve delicious food and offer great experiences, but our brand means so much more. We stand for opportunity and empowerment for everyone. …it’s my privilege to work with all of you to make a difference in the lives of so many.'”
  • McDonald's faces a pair of lawsuits about racial discrimination

    McDonald's faces a pair of lawsuits about racial discrimination
    • One case: Black franchisees accused the company of putting them in neighborhoods where sales are lower and costs to keep doors open were higher
    • Second case: 2 companies by Byron Allen accuse McDonald’s that they discriminate against Black-owned businesses to advertising spending
  • Claim

    Claim
    Chris Kempczinski and McDonald's is ethical:
    • Ask for feedback from employees
    • Believes in a bigger purpose for McDonald's --> building community, greater good
  • Claim (cont'd.)

    Claim (cont'd.)
    McDonald's and Chris Kempczinski are socially responsible:
    - Low energy LED light bulbs
    - Recycle cooking oil into biodiesel to power over half of the
    company’s delivery truck.
    - More than 85 percent of packaging boxes made from
    renewable materials
    - More than 89 percent of the company’s restaurants recycle
    their cardboard boxes