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    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

    CH
    Catherine Hoovel
    SVP and Corporate Controller
    DR
    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

    OrganizationRoleDate RangeDetails
    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 NameAmountPayment ScheduleAdditional Details
    Base Salary$235,764 Pro-rated (Based on start date in August 2022) N/A
    Sign-On Bonus$150,000 Lump sumIncentive to join
    Time-Based RSUs$2,000,000 Equally vest on first two anniversariesTime-based equity awards
    Stock Options$875,000 Equally vest on first four anniversariesStock option awards
    Deferred Compensation$10,668 (Executive Contributions) / $10,630 (Year-End Aggregate) Year-end accrualDeferred compensation details
    Termination Benefits$1,301,752 Payable upon terminationBreakdown: Cash Severance: $1,260,000; Benefits Continuation: $16,752; Other Benefits: $25,000

    Performance Compensation

    Data from  FY 2022

    Performance-Based RSUs

    MetricDetails
    Grant DateAugust 31, 2022
    Vesting ScheduleVest on third anniversary subject to performance conditions
    Number of PRSUs Granted3,236 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 ModifierModifier range: -25% to +25% (0-19th: -25%, 35th: -12.5%, 50th: 0%, 65th: +12.5%, 80th-100th: +25%)
    Performance Period2022-2024

    Short-Term Incentive Plan (STIP)

    MetricDetails
    Grant DateAugust 31, 2022
    Base Performance MetricsSystemwide Sales Growth: 42.5%, Operating Income Growth: 42.5%, Quantitative Human Capital Metrics: 15%
    Target Payout80% of base salary; $188,712
    Maximum Payout200% of target; $377,424
    Payout Range0% to 200% based on achievement
    Vesting/Payment SchedulePro-rated based on service during 2022
    ConditionsAchievement of performance metrics directly impacts payout (actual results not provided)
    Grant Date Fair ValueN/A
    Additional DetailsCash incentive plan; not stock-based