Former McDonald’s CEO Ed Rensi formed the Boardroom Initiative with one goal: keep politics out of corporations.

From Daily Mail. A former McDonald’s CEO credited with inventing the McNugget is now leading the charge against corporations that implement woke policies.

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Ed Rensi, who served as the CEO of McDonalds from 1991 to 1997, is partnering with conservative advocacy groups to form The Boardroom Initiative, FOX News has reported.

Its goal is to protect share holders and employees of publicly traded companies from ‘woke’ policies, which the group says imperil profits and thus betray the very shareholders who pay corporation staffs’ wages.

The Boardroom Initiative also aims to counter left-wing groups’ decision to buy up stocks in the businesses until they raise enough clout to lobby the board to adopt woke policies on issues including gender and race.

The Free Enterprise Project, an existing body which has joined forces with The Boardroom Initiative, has laid out a blueprint to tackle woke overreach.

Its members have bought 2,000 Bank of America shares – enough to formally propose a motion at the next shareholder meeting. They will now demand the firm undertake a civil rights audit to try and stop staff pushing critical race theory-inspired ‘equity’ training on staff at its upcoming meeting….

…Rensi says that woke obsessions are hitting firms’ bottom lines, meaning they’re failing in their duty to shareholders.

‘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,’ Rensi, 78, said….

He is joined in his efforts by Home Depot cofounder Bernie Marcus, who founded the Job Creators Network, as well as conservative groups The Free Enterprise Group and Second Vote.

The Boardroom Initiative has already set its sights on Bank of America, with its member The Free Enterprise Group already buying out nearly 2,000 shares of the banking giant….

The bank has previously found itself under fire for allegedly training its employees on critical race theory – which states that racism is a social construct that has been embedded in American legal systems and policies….

‘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,’ said Richard Morrison, a senior fellow at the libertarian Competitive Enterprise Institute, of the group’s efforts….

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(Excerpt from Daily Mail. Photo Credit: Benjamin Child on Unsplash)