McDonald's reshapes board as longtime member Penrose retires

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McDonald’s is reshaping its board, including the exit of a board member recently targeted by activist investor Carl Icahn over how pigs used in the chain’s food are treated. Sheila Penrose, who is retiring, has been a McDonald's board member for 15 years. Billionaire Carl Icahn nominated two alternative board candidates earlier this year in an attempt to force changes at the world's biggest burger chain over how it sources the pork used in its bacon cheeseburgers and sausage patties.