Chris Kempczinski Biography – Chris Kempczinski Wiki
Chris Kempczinski full name Christopher John Kempczinski, is an American business executive, and the president and chief executive officer (CEO) of McDonald’s Corporation.
According to Chris Kempczinski’s bio on McDonald’s website, he previously served as President of McDonald’s USA, where he was responsible for the business operations of approximately 14,000 McDonald’s restaurants in the United States.
He first joined McDonald’s in 2015, overseeing global strategy, business development and innovation. In that role, he served the business units and franchisees by identifying new ideas and best practices to accelerate their growth and grow the overall value of the system. Before joining McDonald’s, Chris was Executive Vice President of growth initiatives and President of Kraft International.
New McDonald’s CEO Chris Kempczinski
On November 3, 2019, McDonald’s Corporation announced in a statement that its Board of Directors had named Chris Kempczinski, as President and Chief Executive Officer, effective November 3, 2019. Kempczinski was also elected to the McDonald’s Board of Directors.
Kempczinski succeeds Steve Easterbrook, who has separated from the Company following the Board’s determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee.
“Chris takes the reins of this great company at a time of strong, sustained performance, and the Board has every confidence that he is the best leader to set the vision and drive the plans for the Company’s continued success. He has the right mix of skills and experience to lead us forward having run our U.S. business, where franchisees are delivering strong financial and operational results, and overseen global strategy, business development and innovation. In particular, Chris was instrumental in the development of the Company’s strategic plan, which has enabled global growth and leadership, and has overseen the most comprehensive transformation of the U.S. business in McDonald’s history,” said Enrique Hernandez Jr., Chairman of McDonald’s Board of Directors.
Kempczinski said, “I’m thrilled to be leading this incredible company. Working alongside our talented team, our Board, our franchisees and suppliers, I am committed to upholding our rich heritage of serving our customers and driving value for our shareholders and other stakeholders. As one of the world’s leading brands, McDonald’s makes a difference in the lives of people every day. We have a responsibility not only to serve great food, but to make it responsibly and to enrich the communities in which we operate. I am energized by this challenge and look forward to guiding McDonald’s continued success.”
Chris Kempczinski Education
Kempczinski attended Indian Hill High School in suburban Cincinnati. He earned a bachelor’s degree from Duke University, and an MBA from Harvard Business School in 1997.
Chris Kempczinski Age
He was born in 1967/1968. He is aged 51–52.
Chris Kempczinski Family, Parents
Kempczinski is the son of Richard Kempczinski and Ann Marie Kempczinski. His father was an associate professor of surgery and chief of vascular surgery at the University of Cincinnati Medical Center. His mother was a kindergarten teacher in Cincinnati, Ohio. He has a sister named Catherine Ann Major.
Chris Kempczinski Wife
Kempczinski is married, with two children.
Chris Kempczinski Children
He has 2 children.
Chris Kempczinski Salary
As President, McDonald’s USA, Christopher Kempczinski’s salary was $4,678,340 in 2018. According to salary.com, of Kempczinski’s total salary, “$725,000 was received as a salary, $336,869 was received as a bonus, $1,000,005 was received in stock options, $2,500,183 was awarded as stock and $116,283 came from other types of compensation.”
Chris Kempczinski’s salary as president and chief executive officer (CEO) of McDonald’s Corporation has not been confirmed. However, his predecessor Steve Easterbrook earned a salary of $15.9 million in 2018.
Chris Kempczinski Net Worth
Information about Chris Kempczinski’s net worth is being updated.
Chris Kempczinski Nationality
He is of American nationality.