McDonald’s announced today the appointment of Jon Banner as Executive Vice President and Global Chief Impact Officer.
McDonald’s launched its Global Impact Team in 2020, bringing together several key functions highlighted as critical to its purpose to foster and feed communities, including Government Relations, Communications, Sustainability, and oversight for the company’s corporate philanthropy and ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More strategy. In his new role, Banner will oversee these areas, replacing former Global Impact Officer Katie Fallon, who recently joined Fidelity Investments.
Banner joins McDonald’s after 10 years at PepsiCo, where he most recently served as Executive Vice President, Communications and President of the PepsiCo Foundation. At PepsiCo, he co-created the company’s sustainability framework, pep+, which was launched in 2021, and reworked the Foundation’s global strategy towards advancing a more sustainable food system to alleviate hunger, increase safe water access and promote economic empowerment. Prior to PepsiCo, he held Executive Producer roles at Disney/ABC.
In a statement announcing the new appointment, Chris Kempczinski, McDonald’s CEO, said:
“Jon is the perfect leader to oversee our Sustainability & ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More, Government Relations and Public Policy, Communications and International Corporate Relations functions, as well as Ronald McDonald House Charities—building on the momentum of the Impact function as we strengthen and protect our reputation around the world.
In getting to know Jon, it was immediately clear that his passion for McDonald’s is matched only by his deep and abiding values, his people-first leadership style, his geopolitical acumen, and his vast network and expertise stewarding global brands in today’s dynamic operating environment.”
The post McDonald’s Appoints Jon Banner as Chief Impact Officer appeared first on ESG Today.