– USA, OH – Procter & Gamble Company (NYSE: PG) today announced the election of Christopher Kempczinski, President and CEO of McDonald’s, to its Board of Directors, effective immediately.
“Chris brings to P&G’s Board significant experience in the consumer and retail space, which will enable him to contribute valuable strategy, marketing and brand-building perspective to the Board,” commented CEO and Board Chairman, David Taylor.
He added: “His leadership, strategy, and risk management abilities have allowed him to guide McDonald’s through the dynamic operating challenges posed by the pandemic and will be highly valuable to the Board as it oversees P&G’s long-term growth and operating strategy. We are delighted to welcome him to P&G’s Board of Directors.”
P&G’s Board is comprised of eminently qualified individuals who bring seasoned judgment and a variety of skills and experiences with them into the boardroom, and are also demographically diverse, 50 percent women and 33 percent multicultural, with a mix of tenure, age, and industry experience.
The Board of Directors includes:
- Marc Allen
- Angela Braly
- Amy Chang
- Joseph Jimenez
- Christopher Kempczinski
- Debra Lee
- Terry Lundgren
- Christine McCarthy
- Jon Moeller
- David Taylor
- Margaret Whitman
- Patricia Woertz
The company also announced that Board members Francis Blake, Jim McNerney, and Nelson Peltz retired from the Board today.
About Christopher Kempczinski
Chris Kempczinski has served as President and CEO of McDonald’s Corporation since 2019, where he is responsible for driving growth strategy and ensuring that McDonald’s values are embedded throughout the company.
Mr. Kempczinski previously served as President, McDonald’s USA from 2017 to 2019, leading the business operations of approximately 14,000 McDonald’s restaurants throughout the United States, and as EVP – Strategy, Business Development, and Innovation from 2015 to 2016, working closely with business leaders and franchisees to identify innovative new ideas and best practices to accelerate growth.
Mr. Kempczinski has more than 25 years of experience working in premier global consumer companies. He began his career in brand management at Procter & Gamble, and before joining McDonald’s, held several leadership roles at PepsiCo and The KraftHeinz Company, where he was EVP of Growth Initiatives and President of Kraft International.
He is also a trustee of Ronald McDonald House Charities.
Mr. Kempczinski holds a B.A. from Duke University and an M.B.A from Harvard Business School.
About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always, Ambi Pur, Ariel, Bounty, Charmin, Crest, Dawn, Downy, Fairy, Febreze, Gain, Gillette, Head & Shoulders, Lenor, Olay, Oral-B, Pampers, Pantene, SK-II, Tide, Vicks, and Whisper. The P&G community includes operations in approximately 70 countries worldwide.
For more information : https://us.pg.com/
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