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August 17, 2020

Institutional Investor on Failure By McDonald's Board

Institutional Investor Says McDonald's Lawsuit Against Ex-CEO Shows Failure By Board
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6 comments:

Anonymous said...

The entire board of cronies should be replaced. Overpaid and clueless.

Anonymous said...

The nature of the problems MCD has experienced over many years that have impacted everyone in the MCD family are, in my opinion, the direct result of poor leadership or complete lack of leadership. No large organization has these wide ranging issues when there is good leadership. These current issues with Easterbrook shines a light on where leadership failure begins and that is at the Board level. Their incompetency is mirrored by their choices of top management Which has percolated into mid-management and the regions. Many changes have been totally unnecessary in recent years and all of the changes have been poorly handled by MCD management at all levels. I think that the shareholders should demand that the BOD be replaced by competent and experienced people. Well meaning Board members who know they are unqualified should resign, now. The CEO cannot escape criticism and responsibility. If he was a man of character he would resign. He will never earn the respect of broad based MCD family including, employee's, operators, suppliers, ad agencies and all others. It is unfair to the shareholders and others to continue this charade of leadership. However, any long term effective change must come from the shareholders. They have got to step up.

Anonymous said...

Andy Pudzer for CEO !!!

He KNOWS our business!!!

Anonymous said...

Im a operator and a shareholder. I will vote against reelecting any and all of the current Board

Anonymous said...

The negative PR and publicity we are experiencing is caused solely by the the Board of Directors. Their bungling and incompetent handling of this Easterbrook issue makes all of us look as stupid as they have proven themselves to be. Imagine what the Board and Top management would have done if this kind of publicity had been caused by a supplier or an operator organization. This kind of issue is a serious symptom of corporate dysfunction and total failure of leadership at the Board level and in Top Management. You can almost understand how someone like Chris K got appointed to the CEO position. We are lucky they didn't appoint a really good maintance man because he understood cleanliness issues. So, what happens now? Where do we go from here? How are Board members removed? Who are the shareholder groups that need to be involved? How can the Board redeem themselves? Who will assume the leadership on this? Is this going to be a protracted legal fight where a group of Attorneys take more millions of dollars from the system? Who will be held accountable? This is a huge crisis of leadership that if not resolved will take value away from everyone.

Anonymous said...

Monitor the stock and watch Chris k and the Board as they dump shares.