Ed Rensi, who held the position of CEO at McDonald's from 1991 to 1997, is partnering up with conservative groups to voice his opposition to "woke" corporations. The founder of the [.]
let s do civil rights audits that make sure all people involved in the company are treated fairly, reasonably under our constitution because they all have constitutional rights. and you can t discriminate against one group for another group. their focus should be on building sales and profits and their focus should be on developing great employees, great supply chain and great customer business. and not political activism. put it before shareholders and ask them to vote bank of america, for example, does an audit so that there is equality in the civil rights aren t trampled on because of policy decisions because of the board or executive management. steve: let s see what they do. he is a national treasurer. ed renzi, because he invented the mcnugget. ed, thank you very much for joining us live today. thank you, glad to be here. steve: you bet. still ahead on this friday, we
he ran the company in the 1990s, credited as the inventor of the mcnugget. now pushing back against businesses becoming too political, or going woke as they say. ed rensi joins us now. great to have you here. all right, first off, we are all hungry, talking chicken mcnuggets, just past lunchtime for many of us. what is your message to corporations dealing with the political environment? the coalition between job creators network and the second vote advisors and others is so awaken the board of directors and executives of company the duty is to the shareholders, not stakeholders. their responsibility is to grow sales and profitability and return dividends to the shareholders. and their policies, practices, should be devoted to growing the business, and they should not get involved in social or political engineering and
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invented the mcnugget. cheryl: he is fabulous, he was a fabulous leader at mcdonald s. he told fox business, businesses are not in the business of being woke, corporations have no business being on right or left, they represent everybody there. their sole job is to build equity for investors. renzi, forming a group to protect employees of publicly traded companies from woke policy. their first target is bank of america, buying up two million shares of brngs bma. who else said businesses should not be in the accident of woke? carley: his name rhymes with elon musk. cheryl: or cheryl casone. carley: were you talking about yourself? cheryl: i was. carley: let s talk about