McDonald's Names Desiree Ralls-Morrison as General Counsel and Corporate Secretary

Rhea-AI Summary

McDonald's Corporation (NYSE: MCD) announced the appointment of Desiree Ralls-Morrison as the new General Counsel and Corporate Secretary, effective April 26, 2021. Ralls-Morrison, previously at Boston Scientific, will oversee global legal operations. CEO Chris Kempczinski expressed confidence in her leadership and commitment to corporate values. Ralls-Morrison aims to strengthen community impact and support McDonald's business priorities. She has an extensive legal background, including roles at Boehringer Ingelheim and Johnson & Johnson, and holds a law degree from Harvard Law School.

Positive

• Desiree Ralls-Morrison brings extensive experience from Boston Scientific and other leading companies.
• Appointment signifies McDonald's commitment to enhancing corporate governance and legal operations.
• Focus on community engagement and corporate values aligns with McDonald's strategic goals.

Negative

• None.

CHICAGO, March 29, 2021 /PRNewswire/ -- McDonald's Corporation (NYSE: MCD) announced today that Desiree Ralls-Morrison has been named the company's General Counsel and Corporate Secretary, overseeing global legal operations and corporate governance. Ralls-Morrison will start on April 26, 2021 and will be based at the company's Chicago headquarters in the West Loop.

Ralls-Morrison most recently served as General Counsel and Corporate Secretary for Boston Scientific Corporation, a world leader of innovative medical solutions. 

"I'm thrilled that Desiree is joining our team not just for the strong experience she brings, but for the values-based leadership that has defined every aspect of her career," said Chris Kempczinski, McDonald's President and Chief Executive Officer. "Her commitment to leading with integrity, along with her work to support positive change in communities, will strengthen our efforts to bring our values to life across the business. As the leader of our Global Legal function, I'm confident that Desiree will build on the strong foundation in place to deepen our commitment to our communities, embed our values across all aspects of the System and help us further bring our Accelerating the Arches growth strategy to life."  

"McDonald's role in communities is known throughout the world, and I am proud and humbled to be joining a company with such an immense impact," said Ralls-Morrison. "The challenges are complex, but the opportunities are significant. I look forward to leading this talented legal team as we support Chris, the Senior Leadership Team and the entire System to deliver on McDonald's business priorities and its vital purpose to feed and foster communities."

Prior to Boston Scientific Corporation, Ralls-Morrison served as General Counsel and Corporate Secretary at Boehringer Ingelheim USA, Inc., and General Counsel of the Consumer Group at Johnson & Johnson. Ralls-Morrison currently serves on the Board of Directors for DICK'S Sporting Goods, Inc. and was previously a Director for The Partnership, Inc., whose mission is to ensure the economic competitiveness of the Boston area by attracting, retaining and convening professionals of color. Desiree was also a Founding Member of The New Commonwealth Racial Equity and Social Justice Fund in Massachusetts.

In 2019, Desiree was named one of the most powerful women in corporate America by Black Enterprise Magazine, and in 2020, she was named as one on the top innovative General Counsels around the world by the Financial Times.

Ralls-Morrison earned her juris doctor from Harvard Law School and her Bachelor of Arts in economics and political science from Wesleyan University.

For more information about Ralls-Morrison, see click here.

About McDonald's
McDonald's is the world's leading global foodservice retailer with over 39,000 locations in over 100 countries. Approximately 93% of McDonald's restaurants worldwide are owned and operated by independent local business owners.

FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from our expectations are detailed in the Company's filings with the Securities and Exchange Commission, such as its annual and quarterly reports and current reports on Form 8-K. The Company undertakes no obligation to update such forward-looking statements, except as may otherwise be required by law.

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SOURCE McDonald's Corporation

FAQ

Who has been appointed as the new General Counsel for McDonald's in March 2021?

Desiree Ralls-Morrison has been appointed as the new General Counsel and Corporate Secretary.

When will Desiree Ralls-Morrison start her role at McDonald's?

Desiree Ralls-Morrison will start her role on April 26, 2021.

What experience does Desiree Ralls-Morrison have prior to joining McDonald's?

She served as General Counsel and Corporate Secretary at Boston Scientific and held senior legal roles at Boehringer Ingelheim and Johnson & Johnson.

What is McDonald's strategic goal mentioned in the press release?

To deepen community commitment and reinforce corporate values across the business.

What educational qualifications does Desiree Ralls-Morrison hold?

She earned her juris doctor from Harvard Law School and a Bachelor's degree in economics and political science from Wesleyan University.