McDonald’s shareholders vote on board, executive pay, and proposals

Published 23/05/2025, 19:06
© Reuters.

McDonald’s Corporation (NYSE:MCD), the prominent $225 billion market cap player in the Hotels, Restaurants & Leisure industry, announced the results of its 2025 Annual Shareholders’ Meeting held on May 20, 2025. The company, which according to InvestingPro data maintains strong financial health with a "GOOD" overall rating, gathered shareholders to vote on several key issues, including the election of board members, executive compensation, and shareholder proposals. The information, based on a recent SEC filing, details the outcomes of the voting process.

The company’s shareholders elected all 11 nominees to the Board of Directors, with each director set to serve until the 2026 Annual Shareholders’ Meeting. The votes for the directors ranged from a high of over 500 million for and around 4 million against, to a low of approximately 457 million for and about 48 million against, with varying numbers of abstentions and broker non-votes.

In an advisory vote, shareholders approved executive compensation with over 477 million votes for, approximately 29 million against, and around 1.9 million abstentions. The appointment of Ernst & Young LLP as the company’s independent auditor for 2025 was ratified with a significant majority of over 569 million votes for, 30 million against, and less than 1 million abstentions.

Shareholders also considered and voted on several advisory proposals. A proposal requesting a report on oversight of advertising risks received over 6 million votes for, nearly 497 million against, and about 5.7 million abstentions. Another proposal asking for disclosure on climate transition plans garnered over 52 million votes for, 450 million against, and 5.5 million abstentions. Lastly, a proposal to revisit diversity, equity, and inclusion in executive compensation received over 7 million votes for, close to 499 million against, and around 2.6 million abstentions.

This summary of voting results provides shareholders and the public with insights into the governance and strategic direction of McDonald’s Corporation. The SEC filing serves as the source for the detailed voting outcomes. Looking ahead, InvestingPro analysis shows the company trading near its 52-week high of $326.32, with 17 analysts recently revising their earnings estimates upward for the upcoming period. The company’s strong dividend history, having raised dividends for 49 consecutive years, demonstrates its commitment to shareholder returns. For deeper insights into McDonald’s financial health and future prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro, which covers over 1,400 top US stocks with detailed analysis and actionable intelligence.

In other recent news, McDonald’s Corporation reported its first-quarter 2025 earnings, which fell short of analysts’ expectations. The company posted an adjusted earnings per share of $2.67, narrowly missing the forecasted $2.69, and generated revenue of $5.96 billion, below the projected $6.15 billion. Despite these challenges, McDonald’s maintained strong restaurant margins and operational efficiency, with an adjusted operating margin of approximately 45.5%. Analysts remain optimistic about the company’s future, with Loop Capital and UBS maintaining Buy ratings and price targets of $346 and $350, respectively, citing strategic initiatives and new product launches as potential growth drivers.

JPMorgan also expressed confidence in McDonald’s, raising its price target to $305 and maintaining an Overweight rating, suggesting potential improvement in international sales. Conversely, Stifel held a more cautious stance, maintaining a Hold rating with a $300 target, noting weaker-than-expected comparable sales in key markets. McDonald’s plans to focus on value, affordability, and menu innovation, with upcoming product launches such as McCrispy Chicken Strips and snack wraps anticipated to drive growth. These developments come amid a competitive fast-food landscape and economic pressures affecting consumer spending.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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