New York (CNN Business) McDonald's will tie executive pay to diversity goals and aim to hit gender parity in management by the end of 2030 as the company tries to overhaul its workplace culture. CEO Chris Kempczinski described the new goals in a letter sent to employees Thursday. The company aims to increase the percentage of women in the roles of senior director and above from 37% to 45% globally by the end of 2025. It also wants to up the percentage of historically underrepresented groups in those positions from 29% to 35% by the end of 2025. In November, the company hired a new global head of diversity, equity and inclusion.

Source: CNN February 18, 2021 15:56 UTC