Billionaire Icahn blasts McDonald's on animal welfare / Photo: ©
-
Samsung Leads Global DRAM Market as SK Hynix Gains Share
-
South Korea Proposes Fourth Delay of Cryptocurrency Gains Tax to 2029
-
Kakao Details Spinoff Plan to Monetize AI Through KakaoTalk
-
ASIC Fines Mona Museum Owner $198,000 for Late Financial Report
-
ASIC Fines Mona Museum Owner's Company for Late Financial Report
-
Business Leaders Criticize Productivity Commission Inquiry Scope
-
Averill Park Defeats Schalmont in Overtime to Win Section 2 Class A Soccer Title
-
SCANDIC FINANCE ने एलेक्स बोडी को समूह का उपाध्यक्ष नियुक्त किया
-
SCANDIC FINANCE แต่งตั้งอเล็กซ์ โบดี เป็นรองประธานกลุ่มบริษัท
-
SCANDIC FINANCE Grubu, Alex Bodi’yi başkan yardımcılığına atadı
-
Alex Bodi wiceprezesem grupy SCANDIC FINANCE
-
Алекс Боди е назначен за вицепрезидент на групата SCANDIC FINANCE
-
Southern Africa Malaria Surge Highlights Gap Between Data and Action
-
Alex Bodi a SCANDIC FINANCE vállalatcsoport új alelnöke
-
Ο Άλεξ Μπόντι νέος αντιπρόεδρος του ομίλου SCANDIC FINANCE
NYSE - LSE
Billionaire Icahn blasts McDonald's on animal welfare
Asserting that McDonald's had not lived up to prior commitments on animal welfare, billionaire investor Carl Icahn said he planned to offer alternative candidates for the company's board of directors.
Icahn decried the treatment of pigs produced for McDonald's meat, which are put in a tiny "crate for its whole life" where "it can't move around," he said in an interview broadcast Wednesday on Bloomberg.
"I really do feel emotional about these animals and the unnecessary suffering," Icahn added.
A longtime fighter of often-successful shareholder battles, Icahn said he had worked with the Humane Society a decade ago on the issue, winning an agreement from McDonald's that it would not buy from suppliers employing these cages in 10 years.
McDonald's "did a little something but never delivered," Icahn said, adding that he was "teed off" when he learned the company had not followed through.
"We are probably 90 percent there on putting up a slate" of board candidates, Icahn said. "We're not going to fool around with them any more."
McDonald's did not respond to a request for comment from AFP.
The chain's website says that more than 60 percent of its US pork supply has "phased out the use of gestation stalls for pregnant sows."
I.Meyer--BTB