NEW YORK, Aug 22 (Reuters) - McDonald's Corp has
amended its board, the fast-food chain said on Monday, and the
director being replaced had been targeted by activist investor
Carl Icahn who sought to tighten the company's animal welfare
Sheila Penrose, who will retire effective Sept. 1, was one
of two incumbent board members Icahn sought to replace with his
own nominees. In May, investors reelected all 12 of McDonald's
directors, including Penrose, handing Icahn a loss in that
battle over the treatment of pregnant pigs by pork suppliers.
Days after losing that fight, Icahn ended a similar effort
targeting supermarket chain Kroger Co over the way meat
producers confine pregnant pigs to crates.
Penrose, who was a McDonald's director for 15 years, led the
board's sustainablity and corporate responsibility efforts, the
company said in a statement.
Investors have also criticized the Chicago-based company for
having too many directors who have served for too long. Chairman
Enrique Hernandez has been on the board since 1996, for
On Monday, McDonald's said it elected three new board
members: Marriott International Inc Chief Executive
Officer Anthony Capuano, Johnson & Johnson Executive
Vice President Jennifer Taubert and Salesforce.com Inc
Chief Financial Officer Amy Weaver. Their tenures begin Oct. 1.
(Editing by David Gregorio)