Shareholders re-elect McDonald's directors, Icahn loses board battle

Shareholders have reelected all of McDonald's Corp's directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win two board seats and shine a spotlight on his campaign over animal welfare.
 

Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said.
 

"McDonald's shareholders value a Board of Directors with a breadth of experiences to advise the Brand on the multitude of issues that can impact the business on a daily basis," board chairman Enrique Hernandez, Jr. said