If confirmed later this spring as a new member of the Board of Directors of the McDonald's Corporation, Wilson School Dean Anne-Marie Slaughter '80 will receive $50,000 annually, plus an additional $1,000 for each meeting she attends, a spokeswoman for the company said this week.
Both the annual retainer and the per meeting amounts are the standard compensation for board members and are outlined in the literature the corporation distributes to shareholders in advance of their annual meeting, spokeswoman Anna Rozenich said.
In addition, she said, directors receive $1,000 for any executive meetings they attend which are not held in conjunction with Board meetings.
Slaughter is traveling this week and could not be reached for comment.
The company announced Slaughter's nomination on April 8, and shareholders will vote to confirm her appointment at their annual meeting on May 20.
McDonald's has recently been looking to add to its board, and, in the process, to find a young, more diverse group, Slaughter said last week.
To that end, the company has already brought in three new independent directors since 2003, and Slaughter will be the fourth, McDonald's Chairman and Chief Executive Jim Cantalupo said in a statement.
Slaughter, a preeminent scholar of globalization and law, said she was very interested in beginning her work on the board, noting that McDonald's is a company on the "frontier of globalization."
Read More
As endowment tax looms, Princeton asks departments to make plans for ‘permanent’ budget cuts, warns of potential layoffs
Christopher Bao and Annie RupertusPrinceton asked all departments and University units to prepare “separate plans for 5 percent and 10 percent permanent budget cuts to be phased in over the next three years in a memo sent Monday. Administrators warned of layoffs as the University prepares for a potential federal endowment tax, set to be debated in Congress later this week.
Princeton asked all departments and University units to prepare “separate plans for 5 percent and 10 percent permanent budget cuts to be phased in over the next three years in a memo sent Monday. Administrators warned of layoffs as the University prepares for a potential federal endowment tax, set to be debated in Congress later this week.
Newark airport disruptions snarl student travel plans
Cynthia TorresNewark has been facing disruptions for around two weeks amid a national air traffic controller shortage, leading to delays of up to five hours for some flights. As a result, some students flying home for the summer have changed their flights.
Newark has been facing disruptions for around two weeks amid a national air traffic controller shortage, leading to delays of up to five hours for some flights. Some students flying home for the summer and may be effected by delays and some students changed their flights.
Secretary of Defense Pete Hegseth ’03 ‘plagiarized’ small portions of his senior thesis, experts say. But how serious is it?
Sena ChangA review of the senior thesis of Defense Secretary Pete Hegseth ’03 by The Daily Princetonian, in consultation with three plagiarism experts, found eight instances of uncredited material, sham paraphrasing, and verbatim copying. According to the experts, each passage violated Princeton’s academic integrity policies but varied in severity.
A review of the senior thesis of Defense Secretary Pete Hegseth ’03 by The Daily Princetonian, in consultation with three plagiarism experts, found eight instances of uncredited material, sham paraphrasing, and verbatim copying. According to the experts, each passage violated Princeton’s academic integrity policies but varied in severity.