McDonald's U.S President Chris Kempczinski fresh beefRicha Naidu/Reuters

Last week Chris Kempczinski was the US president of McDonald’s and didn’t own any shares in the company.
One week later, Kempczinski became the fast-food franchise’s CEO and owns half a million dollars worth of the company’s stock. 
Kempczinski’s new role requires him to hold $7.5 million in stock by October 2020.
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Last week Chris Kempczinski was the US president of McDonald’s and didn’t own any shares in the company. Fast forward one week, and now Kempczinski is the fast-food franchise’s CEO and owns half a million dollars worth of the company’s stock. 

According to an Securities and Exchange Commission filing dated November 6, Kempczinski bought 2,580 shares at $193.81 a pop, coming to just over half a million dollars worth. See the rest of the story at Business Insider

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