Chris Kempczinski’s salary as president and chief executive officer (CEO) of McDonald’s Corporation has not been confirmed. However, his predecessor Steve Easterbrook earned a salary of $15.9 million in 2018.
Kempczinski is married, with two children. He has 2 children. As President, McDonald’s USA, Christopher Kempczinski’s salary was $4,678,340 in 2018.
According to salary.com, of Kempczinski’s total salary, “$725,000 was received as a salary, $336,869 was received as a bonus, $1,000,005 was received in stock options, $2,500,183 was awarded as stock and $116,283 came from other types of compensation.”
Kempczinski is the son of Richard Kempczinski and Ann Marie Kempczinski. His father was an associate professor of surgery and chief of vascular surgery at the University of Cincinnati Medical Center. His mother was a kindergarten teacher in Cincinnati, Ohio.
How much does Kempczinski make?
As CEO of a major corporation, Kempczinski is well compensated for his time. Salary.com lists his base pay at just under a million dollars a year: $867,500. That salary, however, is just part of a much larger compensation package for the restaurant executive.
By Laine Doss / March 9, 2021 12:15 pm EDT. Chris Kempczinski is the President and CEO of McDonald’s, heading up one of the world’s largest restaurant companies at the age of 52 (via McDonald’s ).
How much does Chris Kempczinski make?
However, his predecessor Steve Easterbrook earned a salary of $15.9 million in 2018.
Chris Kempczinski full name Christopher John Kempczinski, is an American business executive, and the president and chief executive officer (CEO) of McDonald’s Corporation. According to Chris Kempczinski’s bio on McDonald’s website, he previously served as President of McDonald’s USA, where he was responsible for the business operations …
Chris Kempczinski Education. Kempczinski attended Indian Hill High School in suburban Cincinnati. He earned a bachelor’s degree from Duke University, and an MBA from Harvard Business School in 1997.
Kempczinski is the son of Richard Kempczinski and Ann Marie Kempczinski. His father was an associate professor of surgery and chief of vascular surgery at the University of Cincinnati Medical Center. His mother was a kindergarten teacher in Cincinnati, Ohio. He has a sister named Catherine Ann Major.
New McDonald’s CEO Chris Kempczinski. On November 3, 2019, McDonald’s Corporation announced in a statement that its Board of Directors had named Chris Kempczinski, as President and Chief Executive Officer, effective November 3, 2019.
How much is Chris Kempczinski worth?
Chris Kempczinski net worth is estimated at $20 million. He received more than $10.8 million in compensation last year. It is reported that Chris takes an annual base salary of $963,506. Bloomberg reports that Kempczinski did not own any shares in McDonalds when he became CEO.
Christopher John Kempczinski was born and raised in Cincinnati, Ohio. He is the son of Richard Kempczinski, who was Professor of Surgery and Chief of Vascular Surgery at the University of Cincinnati Medical Center, and Ann Marie Kempczinski , who was a primary school teacher at Terrace Park Elementary in Cincinnati, Ohio.
Kempczinski earned a bachelor’s degree from Duke University, and an MBA from Harvard Business School in 1997. Advertisement.
After HBS he became a management consultant at the Boston Consulting Group, focusing on consumer products and pharmaceuticals. In 2000, Kempczinski joined PepsiCo in its corporate strategy & development group, and in 2006, was VP, Marketing, Non Carbonated Beverages, Pepsi-Cola North America Beverages.
In November 2019, he succeeded Steve Easterbrook as president and CEO.
Bloomberg reports that Kempczinski did not own any shares in McDonalds when he became CEO. It is a generally accepted rule in business that CEOs need to own shares in the business that they are running in order to give investors confidence.
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