How Kempczinski was paid
$20.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Christopher KempczinskiChairman, President and CEO | $1,550,000 | $8,000,215 | $8,000,066 | $2,367,160 | $657,084 | $20,574,525 |
| Ian BordenExecutive Vice President and Global CFO | $970,833 | $2,750,169 | $2,750,029 | $967,863 | $1,150,837 | $8,589,731 |
| Gillian McDonaldExecutive Vice President, Global Chief Restaurant Experience Officer | $929,541 | $1,875,329 | $1,875,056 | $887,994 | $494,067 | $6,061,987 |
| Joseph ErlingerPresident, McDonald’s USA | $895,833 | $2,000,306 | $2,000,033 | $711,774 | $118,704 | $5,726,650 |
| Manuel JM SteijaertPresident, International Operated Markets | $854,456 | $1,375,084 | $1,375,014 | $854,131 | $519,680 | $4,978,365 |
What changed and why
- $20.6MChristopher Kempczinski earned total compensation of $20,574,525 in 2025, representing an increase from $18,195,263 in 2024.
- Operating income growth, Systemwide sales growth, new restaurant openings, and a strategic scorecard determined annual cash incentives.
- Performance-based restricted stock units depend on three-year average annual EPS growth and ROIC.
- 45%Shareholders representing approximately 45% of outstanding shares participated in outreach.
- $140BSystemwide sales reached nearly $140 billion in 2025, up 5.5% in constant currency.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.