McDonald's sets 2024 executive bonus: 40% operating income, 30% sales, 15% store openings, 15% strategic scorecard

MCDONALDS CORP

Kempczinski (CEO, 200%), Borden (CFO, 130%), Erlinger (USA Pres, 120%), Ralls-Morrison (GC, 100%), Rice (CIO, 90%) target TIP as % of base.
2024 TIP metrics: operating income (40%), Systemwide sales (30%), new restaurant openings (15%), strategic scorecard (15%).
Payout factor ranges 0% to 200% of target; results may be adjusted for constant currencies.
Strategic scorecard includes franchising strategy, employee engagement, and diversity, equity & inclusion initiatives.

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