---
schema_version: "secwatch.filing_event.v1"
accession: "0000063908-24-000081"
form_type: "8-K"
ticker: "MCD"
cik: "0000063908"
company_name: "MCDONALDS CORP"
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T14:10:27.114447+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# McDonald's announces board changes: CEO to chair, Hernandez retires, Hsu nominated

## Summary
- Enrique Hernandez Jr. retires as non-executive Chairman after 28 years, effective 2024 Annual Shareholders Meeting.
- Chris Kempczinski will assume combined role of CEO and Chairman; Miles White becomes Lead Independent Director.
- Mike Hsu, Kimberly-Clark CEO, nominated as independent director, bringing 30+ years consumer products experience.
- Hernandez tenure saw over 2,000% total shareholder return and restaurant count more than double.

## SEC filing metadata
- accession: 0000063908-24-000081
- form_type: 8-K
- ticker: MCD
- cik: 0000063908
- company_name: MCDONALDS CORP
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63908/000006390824000081/0000063908-24-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63908/000006390824000081/mcd-20240318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063908-24-000081
- JSON: https://secwatch.observer/filing/0000063908-24-000081.json
- Plain text: https://secwatch.observer/filing/0000063908-24-000081.txt

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