Though corporate America has been regrettably transformed into a bastion of wokeness in recent years, the fight against such widespread indoctrination recently found a new champion, namely, former McDonald’s CEO Ed Rensi, as Fox Business reports.
According to the outlet, Rensi has joined forces with a series of advocacy organizations to create The Boardroom Initiative, an initiative designed to battle back against the politicization of America’s corporate boards.
At 78 years of age, Rensi has stepped forward to serve as the coalition’s executive chairman, working together with The Job Creators Network, The Free Enterprise Group, and Second Vote to protect corporate shareholders and employees of publicly traded companies from the destructive effects of “woke” philosophies.
Rensi explained to Fox Business his belief that “Corporations have no business being on the right or the left because they represent everybody there and their sole job is to build equity for their investors.”
“It is not the providence of board members or executives that take shareholder money profit and spend it on social matters,” Rensi said. “Corporations should not get involved in social engineering.”
As the New York Post noted, Rensi was at the helm of McDonald’s from 1991 to 1997 and is said to have been the brains behind the company’s blockbuster hit, chicken McNuggets. He has also served on a number of other corporate boards including that of Great Wolf Resorts, Snap-on, Inc., and Famous Dave’s Bar-B-Que.
As such, Rensi seems particularly well-suited to tackle the growing scourge of woke politics in the boardroom and its propensity to compromise shareholder interests in the name of corporate virtue signaling.
Richard Morrison of the Competitive Enterprise Institute distilled the dilemma Rensi is poised to address, telling Fox Business, “Time and again, U.S. companies have tried to address social problems by implementing divisive, controversial programs that have only increased conflict.”
“Hopefully, the Boardroom Initiative is the beginning of a new era in corporate America in which extremes of ideological politics are set aside so that everyone can work on creating value for both customers and investors,” and that is a proposition with which millions of conservatives would surely agree.