Latest Current Report
Filed: 2026-05-22
Key Insights
- All 12 board nominees were re-elected with strong majority support, with Jennifer Taubert receiving the highest vote count (502.2M for votes), indicating stable governance and shareholder confidence in current leadership.
- CEO Christopher Kempczinski faced the most significant opposition among director candidates with 38.8M against votes (7.7% opposition rate), suggesting some shareholder dissatisfaction that warrants monitoring despite his re-election.
- Shareholder proposals for an Independent Chair (73.4% opposed) and written consent rights (58.1% opposed) were decisively rejected, reflecting shareholder preference for current governance structure and CEO-led board.
- Executive compensation advisory vote passed with 94.8% support (478.2M for), demonstrating strong investor approval of MCD's pay practices and incentive alignment despite recent operational challenges.
- Ernst & Young LLP was ratified as independent auditor with 94.8% support and zero broker non-votes, indicating full transparency and shareholder confidence in audit procedures.