Friday, January 3, 2014

McDonald’s CEO Donald Thompson named Scrooge of the Year | The Labor Tribune

McDonald’s CEO Donald Thompson named Scrooge of the Year | The Labor Tribune: "McDonald’s CEO Donald Thompson, nominated by the St. Louis Organizing Committee and the “St. Louis Can’t Survive on $7.35” campaign, was elected Scrooge of the Year for 2013 in St. Louis Jobs with Justice’s annual election and “Holiday Party with Attitude” recognizing the greediest, cold-hearted CEO, politician, corporation or 1 percenter who truly exemplifies the Spirit of Ebenezer Scrooge. This year’s party was held at Painters District Council 2 Hall.

Thompson, who received 4,783 votes, was named CEO of McDonald’s in 2012 and, according to Bloomberg Business Week had a total calculated compensation over $13 million.

According to the St Louis Post Dispatch, “McDonald’s posted $1.5 billion in third-quarter profits. Taxpayers paid $1.2 billion last year for public assistance to the McDonald’s workforce. That’s $300 million per quarter, a 20 percent contribution to the company’s bottom line.”"

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