McDonald's sets 2023 TIP awards; adds new restaurant openings metric

MCDONALDS CORP

CEO Kempczinski target TIP at 200% of base salary; CFO Borden 125%, others 100-120%.
Payout metrics: operating income (40%), Systemwide sales (30%), human capital (15%), new openings (15%).
New metric: number of restaurant openings, reflecting Accelerating the Arches growth strategy.
Erlinger (USA president) gets a modifier for franchisee diversity that can adjust TIP by ±15 points.

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