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McDonald's protesters to take questions to CEO at annual shareholder meeting
Protesters walk down Jorie Blvd. in Oak Brook, Wednesday, May 21, 2014 near the McDonald’s Corp. headquarters in Oak Brook, Ill. railing about low wages and seeking $15 per hour for the rank and file. The Workers Organizing Committee of Chicago’s Fight for 15 said in a statement that restaurant workers have held strikes and protests six times in the last 1 1/2 years challenging the company’s median wage of $8.94. The Wednesday protest is a preview of what the group said it plans for Thursday’s annual stockholder’s meeting. The company closed one of its five buildings in anticipation of the protests.(AP Photo / Daily Herald, Bev Horne)
OAK BROOK, Ill. (AP) -- McDonald's is set to face criticism on issues including worker pay and marketing to children at its shareholders meeting Thursday morning.
Critics plan to confront CEO Don Thompson during the question-and-answer portion of the annual event. On Wednesday, McDonald's closed one of its buildings in Oak Brook, Illinois, where hundreds of protesters planned to demonstrate over the low wages paid to workers.
The protesters planned to turn out again an hour before the meeting Thursday.
Shareholder meetings offer a rare opportunity for average investors to face top executives at publicly traded companies. Public pension funds and activist groups often show up in hopes of changing corporate practices. The McDonald's meeting is a frequent target because of the company's high profile.
