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Charlie Bell was an integral part of McDonald's Corporation, having started his journey with the company back in 1976. His commitment and experience led him to become the President and Chief Executive Officer on April 19, 2004. Unfortunately, his tenure...

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Charlie Bell

Ex-CEO of McDonald's

Education

Attended New South Wales Institute of Technology.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

November 7, 1961 - 63 years ago

CEO of McDonald's for

0 years 7 months (Apr 2004 - Nov 2004)

Previous Experience

Various roles within McDonald's since 1976, including Chief Operating Officer.

Holdings

See how much did Charlie Bell make over time.

At the time of his passing, Charlie Bell held a significant position at McDonald's, having accumulated 801,511 shares. This number represented a sizable investment in the company he served for nearly three decades. His wealth was closely tied to McDonald's...

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Charlie Bell make over time.

In 2004, Charlie Bell’s total compensation was substantial given the circumstances he faced. He earned a base salary of $1,014,800 alongside a significant bonus of $3,185,000, highlighting the company's recognition of his leadership during a pivotal time. Even though his time as CEO was short, the compensation package reflected the high expectations set for executives at McDonald's. Furthermore, due to the tragic timing of his health issues, stock units and options that he had previously been awarded were set to vest upon his death, making his compensation structure notably aligned with long-term company goals. This approach incentivized top performance and accountability, which were crucial in a competitive industry.

Year

2004

Total Compensation

$4.42M

Salary

$1.01M

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive compensation with the Company's financial performance and shareholder interests.

Bonus

$3.19M

Board Justification

Annual incentive award under the Target Incentive Plan reflecting strong leadership and the Company's financial results in 2004.

Other

$221.11K

Board Justification

Includes matching contributions to the Profit Sharing and Savings Plan and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No restricted stock units were granted to Mr. Bell in 2004; all previously granted stock units vested upon his death.

Performance Metrics

The performance metrics for determining compensation included operating income growth and achievement of specific financial targets.

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