---
schema_version: "secwatch.filing_event.v1"
accession: "0000063908-24-000059"
form_type: "8-K"
ticker: "MCD"
cik: "0000063908"
company_name: "MCDONALDS CORP"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:30:26.472205+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000063908-24-000059
- form_type: 8-K
- ticker: MCD
- cik: 0000063908
- company_name: MCDONALDS CORP
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63908/000006390824000059/0000063908-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63908/000006390824000059/mcd-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063908-24-000059
- JSON: https://secwatch.observer/filing/0000063908-24-000059.json
- Plain text: https://secwatch.observer/filing/0000063908-24-000059.txt

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