You do not know the facts of McDonald’s
Chief executive Chris Kempsinski told CNBC in June that diversity was critically important and needed to touch every aspect of its business.
He justified McDonald’s record that the Chicago-based company “created more billionaires than any other corporation within the black community, but there is still work to be done.”
Ferraro called the claim a “total hogwash” as the number of black franchises has dropped from 377 to 186 since 1998.
More than 90 percent of McDonald’s 14,400 U.S. restaurants recently operated 1,600 franchises.
The company updated its values before filing a lawsuit against sacked chief executive Steve Easterbrook.
Easterbrook said the case was unfit.