Chris Kempczinski is the CEO and President of McDonald’s, the world’s largest restaurant corporation. He was appointed CEO in November 2019 after Steve Easterbrook, who had served as CEO since 2015, resigned.

Chris was overseeing the company’s global strategy, development, and innovation prior to securing his prestigious position.

Net Worth & Salary

Chris has amassed enormous fame and relative wealth in his life as a result of his entrepreneurial career. His net worth is estimated to be around $15.1 million by Wallmine.com.

As the CEO of McDonald’s, he receives a base salary of approximately $1.25 million, with a target bonus opportunity of 170 percent of his annual base salary.

In addition, Chris was paid $500,000 in November 2019 for 2,580 McDonald’s shares. He also has 9,291 shares of stock options and 6,975 shares of restricted stock units.

Career

Chris’s career began at Procter & Gamble (PG.N), where he worked as a brand manager. He had worked for the company for four years. Following that, he worked as a vice president of marketing for PepsiCo Inc.

Later, he joined Kraft Foods in 2008 and rose through the ranks to become the company’s president of international business in 2015, before joining McDonald’s, the world’s largest restaurant corporation.

Chris joined McDonald’s in 2015 and served as the President of McDonald’s, the USA franchise, overseeing the operation of approximately 14,000 McDonald’s restaurant chains across the United States before taking the helm as the company’s CEO.