McDonald's Board Elects Lloyd Dean and John Mulligan as Directors

OAK BROOK, Il.—McDonald's Corporation announced today that its board of directors has elected Lloyd Dean and John Mulligan to be directors of the board as of yesterday.

Lloyd Dean

Aged 65, Dean is president and CEO of Dignity Health, who oversees hospitals, home health care and medical group foundations. Dean is on the board of Wells Fargo & Company and Navigant Consulting, Inc.

John Mulligan

Mulligan, 49, is executive vice president and chief financial officer at Target, having the firm in 1996 as a financial analyst. While continuing to act as CFO, he served as interim President and CEO from May to August 2014.

Andrew McKenna, McDonald's chairman of the board, said, "We're delighted to add these talented leaders and leverage their financial and operational expertise."

"Our business is at a critical turning point and these leaders bring fresh insight and perspectives as we fuel our turnaround and position the business for long-term growth," added the CEO of the hamburger chain of 36,000 worldwide outlets, Steve Easterbrook.

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