---
schema_version: "secwatch.filing_event.v1"
accession: "0000063908-24-000116"
form_type: "8-K"
ticker: "MCD"
cik: "0000063908"
company_name: "MCDONALDS CORP"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:04:28.478280+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000063908-24-000116
- form_type: 8-K
- ticker: MCD
- cik: 0000063908
- company_name: MCDONALDS CORP
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63908/000006390824000116/0000063908-24-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63908/000006390824000116/mcd-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000063908-24-000116
- JSON: https://secwatch.observer/filing/0000063908-24-000116.json
- Plain text: https://secwatch.observer/filing/0000063908-24-000116.txt

## Key facts
- Executive change
  Catherine A. Hoovel departed as principal accounting officer at MCDONALDS CORP.
  - Action: retirement
  - Role: principal accounting officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63908/000006390824000116/0000063908-24-000116-index.htm

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