Despite this, Kempczinski claimed that the chain had created more millionaires in the Black community than any other company. Jim Ferraro, representing the plaintiffs, told Reuters that the number of Black franchise owners has halved to 186 over the past two decades, while a lawsuit earlier this year claims that almost a third of Black franchisees left under ex-CEO Steve Easterbrook’s tenure between 2015 and 2019. Key backgroundThe lawsuit is the latest turn in McDonalds’ controversial history within the Black community and Black franchise owners. How are you making sure that what you’re doing can actually enrich Black communities, instead of just exploit them?’”What to watch forHow McDonald’s responds, and how the dispute unfolds. Further readingMcDonald’s CEO says the chain has ‘probably’ created more Black millionaires than any other corporation (CNBC)McDonald’s faces lawsuit from executives alleging racial discrimination (CNBC)The complicated history of McDonald’s and Black America (Marketplace)The Inside Story Of Papa John's Toxic Culture (Forbes)

Source: Forbes September 01, 2020 10:32 UTC