More about "how much does chris kempczinski make food"
20 THINGS YOU DIDN'T KNOW ZBOUT CHRIS KEMPCZINSKI
From moneyinc.com
Estimated Reading Time 11 mins
- He Was Born In Cincinnati, Ohio. Chris Kempczinski was born and raised in Cincinnati, Ohio. He is the son of Ann Marie Kempczinski who was a kindergarten teacher.
- He Started His Career With Procter & Gamble. According to Wikipedia his first job after graduating from Duke University was with Procter & Gamble. He worked there for four years in the soap sector of the company and his role was focused on brand management.
- He Attended Harvard Business School. He left Proctor & Gamble to attend Harvard Business School where he gained his MBA. The school still covers stories about Kempczinski to this day.
- He Doesn’t Own Any Shares In McDonalds. 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.
- The Shares That He Did Own Were Sold For $4.4 Million. At an earlier stage of his career with McDonald’s he did own some shares in the company, but these were sold before he became CEO.
- He Is Married With Two Children. There are not a lot of details that are known about Kempczinski’s private life, but it is known that he is married and has two children.
- He Worked For McDonald’s For Four Years Before Becoming CEO. Kempczinski joined McDonald’s in 2015 as part of their global strategy team. He then received a promotion in the following year to become president of their USA operations.
- He Has An Estimated Net Worth Of $15 Million. According to Dreshare, Kempczinski has a net worth of $15 million. This is likely to increase fairly substantially if he remains in the position of CEO for some time.
- He Will Receive An Annual Salary Of $1.25 Million As McDonald’s CEO. His annual salary as CEO of McDonald’s will be in the region of $1.25 million. This could increase when bonuses are taken into account.
- He Was Something Of A Surprise Appointment In The Role Of CEO. There were some people in the business world that were surprised when Kempczinski was named as the new CEO of McDonald’s.
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