Pursuits
McDonald’s Chairman Andrew McKenna Plans to Retire From Board
This article is for subscribers only.
McDonald’s Corp. Chairman Andrew McKenna said he’ll retire from the fast-food chain’s board after 25 years, including more than a decade as chairman, ending one of the longest tenures in the fast-food industry.
McKenna, 86, won’t stand for re-election at the May 26 shareholders’ meeting and will become chairman emeritus, the Oak Brook, Illinois-based company said Wednesday in a statement. The new chairman will be elected from the current board at the annual meeting.