On July 25, 2024, McDonald's Corporation announced the appointment of Lauren B. Elting as the new principal accounting officer, effective October 1, 2024. Elting will join the company on July 30, 2024, as Vice President to ensure a smooth transition following the retirement of the current principal accounting officer, Catherine A. Hoovel, also on October 1, 2024. The announcement was made in a Form 8-K filing with the SEC. Elting's compensation includes an annual base salary of $375,000, a target annual cash incentive, long-term incentive awards starting in 2025, a one-time restricted stock unit award valued at $800,000, and a one-time cash bonus of $250,000. Additionally, the company's shareholders approved amendments to the corporate bylaws and the recombination of the roles of Chairman and CEO during the Annual Shareholders' Meeting on May 22, 2024.

On July 25, 2024, McDonald's Corporation announced the appointment of Lauren B. Elting as the new principal accounting officer, effective October 1, 2024. Elting will join the company on July 30, 2024, as Vice President to ensure a smooth transition following the retirement of the current principal accounting officer, Catherine A. Hoovel, also on October 1, 2024. The announcement was made in a Form 8-K filing with the SEC. Elting's compensation includes an annual base salary of $375,000, a target annual cash incentive, long-term incentive awards starting in 2025, a one-time restricted stock unit award valued at $800,000, and a one-time cash bonus of $250,000. Additionally, the company's shareholders approved amendments to the corporate bylaws and the recombination of the roles of Chairman and CEO during the Annual Shareholders' Meeting on May 22, 2024.