Posted on April 26, 2022

Former McDonald’s CEO Takes Up Fight Against Woke Corporations

Heather Hamilton, Washington Examiner, April 21, 2022

Fighting woke corporate politics is the focus of former McDonald’s CEO Ed Rensi.

Rensi, who has also sat on the boards of Famous Dave’s, Great Wolf Resorts, and Snap-on Inc., announced he is joining forces with conservative advocacy groups to create the Boardroom Initiativean advocacy coalition that will fight against corporate boardrooms that mix company policy with U.S. politics.


The Boardroom Initiative is targeting investment fund managers such as Engine No. 1 and Blackrock, which are “slowly infiltrating American corporations by embracing woke cancel culture and prioritizing Environmental, Social and Government (ESG) scores and leveraging your 401k to do so, leaving shareholders and employees disenfranchised.”

The coalition’s latest effort will target a push from Bank of America shareholders who have called for the financial institution to “commission a racial equity audit analyzing the Company’s impacts on civil rights and non-discrimination {snip}”