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  "docSlug": "3a33f122b246",
  "documentTitle": "McDonald's Corporation (MCD)",
  "authorId": "14_Icahn",
  "authorName": "Carl C. Icahn",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-05-01 00:00:00",
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  "pageCount": 65,
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  "notes": "Uses a grid of six cards to categorize board failures.",
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  "slideHref": "/slides/019dd923-622b-71dc-a6dc-3613fe313890/7",
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  "components": [
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      "kind": "callout",
      "text": "The McDonald's Board has failed to prioritize ESG and ensure the Company meets its stated commitments",
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      "kind": "list",
      "text": "Allowing Continued Use of Gestation Crates; Failing to Effectively Oversee Its Supply Chain and Deflecting Blame; Disregarding the Need for Better ESG Practices; Failing to Meet Stated Commitments; Manipulating Language Regarding Supply Chain Practices; Unconscionable Executive Compensation Relative to Front-Line Workers",
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      "kind": "paragraph",
      "text": "The incumbent Board has a track record of:",
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      "text": "The McDonald's Board has failed to prioritize ESG and ensure the Company meets its stated commitments",
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      "kind": "title",
      "text": "THE BOARD HAS TOLERATED UNCONSCIONABLE PRACTICES",
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      "evidence": "Explicitly frames the Board as the villain/antagonist with a track record of failures.",
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