McDonald's appoints Lauren Elting as principal accounting officer effective Oct 1, 2024

MCDONALDS CORP

Elting joins July 30 as VP; succeeds Catherine Hoovel who retires Oct 1 as previously announced.
Salary $375k, target cash bonus 50% of salary, and annual LTI beginning 2025.
One-time RSU award of $800k vests equally over 3 years; one-time cash bonus of $250k subject to 1-year employment.
Board amended bylaws to reflect combined Chairman/CEO role and lead independent director, plus clarifications to advance notice provisions.

item 5.02 item 5.03 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Catherine A. Hoovel

principal accounting officer

MCD · MCDONALDS CORP

Effective: 2024-10-01
Successor: Lauren B. Elting
Filed: July 26, 2024, 7:59 PM ET

Ms. Hoovel will continue to serve as the Company’s principal accounting officer until her retirement, at which time Ms. Elting will assume the role of Vice President – Corporate Controller.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Catherine A. Hoovel departed as principal accounting officer at MCDONALDS CORP.

Action: retirement
Role: principal accounting officer

Exact text from the filing

Ms. Hoovel will continue to serve as the Company’s principal accounting officer until her retirement, at which time Ms. Elting will assume the role of Vice President – Corporate Controller.

View on SEC.gov

MCDONALDS CORP filing history →

Source: SEC EDGAR

accession 0000063908-24-000116

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.