(Bloomberg) -- McDonald’s Corp.’s Chris Kempczinski, who didn’t own any common stock when he was promoted to chief executive officer, bought $500,000 of shares in the restaurant company on Wednesday.
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Kempczinski purchased 2,580 shares in the Chicago-based firm for $193.81 apiece, according to a regulatory filing.
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Kempczinski, who was elevated to the top job on Sunday following the resignation of Stephen Easterbrook, sold his entire holding of McDonald’s common shares earlier this year, Bloomberg reported Tuesday.
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