Notable News to Watch: McDonald’s Corporation (NYSE:MCD)

On Monday McDonald’s Corporation (NYSE:MCD) stock recorded daily change of -0.34% to close at $194.68 with the total traded volume of 2244059 shares along average volume of 4560556 shares 52 week range of the stock remained $ 169.04 – 221.93 while its day low price was $194.29 and its hit its day high price at $196.35. Its previous closing value stands at $195.35. MCD total market capitalization is $146612139724. Currently stocks EPS is $7.62 while its price to earnings ratio is 25.54.

On Dec. 9, 2019, McDonald’s Corporation (NYSE:MCD) declared that business executive Catherine M. Engelbert was elected to the company’s Board of Directors, effective December 6, 2019.

Engelbert, 55, currently serves as the first-ever Commissioner for the Women’s National Basketball Association (WNBA), where she is responsible for setting the vision for the WNBA and overseeing the day-to-day business and basketball operations.  As Commissioner, Engelbert’s role has focused on bolstering visibility for the WNBA, empowering players, and growing the league’s business.

Prior to joining the WNBA in July 2019, Engelbert had a distinguished career at Deloitte, most recently as the Chief Executive Officer from 2015 to 2019. In this role, Engelbert became the first woman ever to lead a Big Four professional services firm in the U.S., overseeing more than 100,000 employees.

Cathy is an exceptional leader with a track record of guiding organizations to strength and success, said Enrique Hernandez, Jr., McDonald’s Chairman of the Board. McDonald’s will benefit from her fresh perspectives, strong operational experience, and broad financial expertise.  Cathy’s election also underscores our commitment to diversity at all levels, from the crew room to the board room.

Cathy is a leader who has challenged convention to deliver tangible change, said Chris Kempczinski, McDonald’s President and Chief Executive Officer. I am inspired by her people-first approach to business and looking forward to benefiting from her entrepreneurial thinking across our global organization.

McDonald’s is a well-known and admired global brand with a rich legacy of modernizing itself to meet ever changing societal needs and expectations, Engelbert said.  I’m proud to be joining the Board now at this important time, and I look forward to contributing to its global impact.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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