---
schema_version: "secwatch.filing_event.v1"
accession: "0000063908-22-000039"
form_type: "8-K/A"
ticker: "MCD"
cik: "0000063908"
company_name: "MCDONALDS CORP"
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T07:06:04.480340+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# McDonald's discloses CFO Ian Borden's compensation adjustments: salary $900k, higher bonus target

## Summary
- Base salary increased 7.3% to $900,000 effective September 1, 2022.
- Target annual bonus opportunity raised from 110% to 120% of base salary.
- Relocation benefits provided for move from UK to US under company program.

## SEC filing metadata
- accession: 0000063908-22-000039
- form_type: 8-K/A
- ticker: MCD
- cik: 0000063908
- company_name: MCDONALDS CORP
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63908/000006390822000039/0000063908-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63908/000006390822000039/mcd-20220623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063908-22-000039
- JSON: https://secwatch.observer/filing/0000063908-22-000039.json
- Plain text: https://secwatch.observer/filing/0000063908-22-000039.txt

## Key facts
- Executive change
  Ian Borden changed role as Executive Vice President and Chief Financial Officer at MCDONALDS CORP.
  - Action: promoted
  - Role: Executive Vice President and Chief Financial Officer
  source text: This is an amendment to Item 5.02(c) of the Form 8-K that was filed by McDonald’s Corporation (the “Company”) on June 27, 2022, which reported that on the same day, the Company announced that Ian Borden was promoted to Executive Vice President and Chief Financial Officer, effective September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63908/000006390822000039/0000063908-22-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.