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McDonald’s Corporation confirmed on Wednesday, March 29, that two of its long-time directors are leaving the company. Robert Eckert and John Rogers are set to retire, and this move is said to be part of the chain’s board’s “commitment to ongoing refreshment that maintains an appropriate balance of continuity and institutional knowledge with fresh perspectives among directors.”
Eckert and Rogers were also revealed to have joined McDonald’s board on the same day in 2003, which means they have been helping lead the brand for 23 years already. Now the two are also stepping down at the same time this year, and their retirement will take effect as of the 2023 annual shareholders meeting.
In the retiring directors’ more than two decades of service at McDonald’s, they have made significant contributions to the success of the company. In any case, their departure continues the reorganization within the board of the fast-food chain.
Prior to their exit, McDonald’s welcomed new board members that, include Marriott Group’s Tony Capuano, Amy Weaver of Salesforce, and Jennifer Taubert of Johnson & Johnson. It was noted that another senior board member, Sheila Penrose, also retired, and Disney’s Kareem Daniel joined in shortly.
"Bob and John have made significant contributions throughout their 20 years on the Board. Their strategic vision and expertise have helped guide the expansion of the global business while bringing McDonald's closer to the communities it serves," McDonald’s chairman of the board, Enrique Hernandez, Jr., said in a press release. "Bob brought valuable expertise to the Board serving as Chairman of the Compensation Committee and the inaugural Chairman of the Public Policy & Strategy Committee where he helped oversee the Company's long-term strategy and operations.”
He went on to say, “John is a prominent leader in the Chicago and business community who has helped to significantly expand the Company's efforts to promote equitable opportunity and diversity across the full range of the business including employees, franchisees, and suppliers. McDonald's is stronger because of their service."
