x

Food

Investor Pushes McDonald’s to Change the Way It Buys Pork

February 21, 2022

CHICAGO — An activist investor is trying to make McDonald’s change the way it buys pork for its bacon cheeseburgers and sausage patties.

Investor Carl Icahn has nominated two new candidates for McDonald’s board of directors, the fast food chain confirmed Sunday.

The issue Icahn wants to change is that some of McDonald’s pork suppliers confine pregnant pigs in small crates. McDonald’s vowed a decade ago to phase out using pork from suppliers who use such crates.

The fast food giant said Sunday it expects to source 85 to 90% of its U.S. pork from pigs not housed in gestation crates during pregnancy by the end of this year.

Icahn’s nominees will stand for election at McDonald’s 2022 annual meeting, the company said.

The move comes as investor-led board shakeups have gathered steam. Last year, several members of Exxon’s board of directors were ousted as investors pressured the company to take climate change more seriously.

RELATED

THESSALONIKI. Expanding its reach for tourists to bring in more cruise ships, Greece is looking to the Posidonia Sea Tourism Forum (PSTF) in the country's second-largest port, Thessaloniki, to kick off the season in spring.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.