Brian Rice

EVP and Global Chief Information Officer at MCDONALDS

Since August 2022

Age

61 years

Tenure

Joined MCD in August 2022 as Executive Vice President and Global Chief Information Officer and has served in this role since then.

Also at MCDONALDS

Christopher Kempczinski

President and CEO

View →

Catherine Hoovel

SVP and Corporate Controller

Desiree Ralls-Morrison

EVP, Global Chief Legal Officer and Secretary

About

Brian Rice, born in 1963 , currently serves as the Executive Vice President and Global Chief Information Officer at a leading global organization since August 2022.

Before his current role, he held senior leadership positions in technology at major corporations. He served as EVP, CIO, and Global Business Services at Cardinal Health from February 2019 to August 2022 and as Senior Vice President, CIO, and Global Business Services at the Kellogg Company from February 2009 to February 2019, contributing to significant technology and innovation initiatives.

At his present role, he leads the global technology portfolio and partnerships, driving innovations such as artificial intelligence and automated order taking while modernizing data systems to enhance customer and employee experiences.

Past Roles

Organization	Role	Date Range	Details
Cardinal Health, Inc.	Executive Vice President, Chief Information Officer, and Global Business Services	February 2019 to August 2022	N/A
Kellogg Company	Senior Vice President, Chief Information Officer, and Global Business Services	February 2009 to February 2019	N/A

Fixed Compensation

Data from FY 2022

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$235,764	Pro-rated (Based on start date in August 2022)	N/A
Sign-On Bonus	$150,000	Lump sum	Incentive to join
Time-Based RSUs	$2,000,000	Equally vest on first two anniversaries	Time-based equity awards
Stock Options	$875,000	Equally vest on first four anniversaries	Stock option awards
Deferred Compensation	$10,668 (Executive Contributions) / $10,630 (Year-End Aggregate)	Year-end accrual	Deferred compensation details
Termination Benefits	$1,301,752	Payable upon termination	Breakdown: Cash Severance: $1,260,000; Benefits Continuation: $16,752; Other Benefits: $25,000

Performance Compensation

Data from FY 2022

Performance-Based RSUs

Metric	Details
Grant Date	August 31, 2022
Vesting Schedule	Vest on third anniversary subject to performance conditions
Number of PRSUs Granted	3,236 shares
Grant Date Fair Value	$875,241
Maximum Award Value	$1,750,482
Performance Metrics (EPS Growth)	75% weight; Threshold: 0.0%, Target: 8.5%, Maximum: 12.5%
Performance Metrics (ROIC)	25% weight; Threshold: 15.0%, Target: 18.5%, Maximum: 23.0%
TSR Modifier	Modifier range: -25% to +25% (0-19th: -25%, 35th: -12.5%, 50th: 0%, 65th: +12.5%, 80th-100th: +25%)
Performance Period	2022-2024

Short-Term Incentive Plan (STIP)

Metric	Details
Grant Date	August 31, 2022
Base Performance Metrics	Systemwide Sales Growth: 42.5%, Operating Income Growth: 42.5%, Quantitative Human Capital Metrics: 15%
Target Payout	80% of base salary; $188,712
Maximum Payout	200% of target; $377,424
Payout Range	0% to 200% based on achievement
Vesting/Payment Schedule	Pro-rated based on service during 2022
Conditions	Achievement of performance metrics directly impacts payout (actual results not provided)
Grant Date Fair Value	N/A
Additional Details	Cash incentive plan; not stock-based