McDonald’s CEO steps down after relationship with employee

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McDonald’s CEO steps down after relationship with employee GlobeBusiness

In an email to employees, Easterbrook acknowledged he had a relationship with an employee and said it was a mistake.“Given the values of the company, I agree with the board that it is time for me to move on,” Easterbrook said in the email.

McDonald’s board of directors voted on Easterbrook’s departure Friday after conducting a thorough review. Details of Easterbrook’s separation package will be released Monday in a federal filing, according to a company spokesperson. The board of directors named Chris Kempczinski, who recently served as president of McDonald’s USA, as its new president and CEO.

Kempczinski was instrumental in the development of McDonald’s strategic plan and oversaw the most comprehensive transformation of the U.S. business in McDonald’s history, said Enrique Hernandez, chairman of McDonald’s board, in a statement. “Steve brought me into McDonald’s and he was a patient and helpful mentor,” Kempczinski said, thanking him for his contributions.

 

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globebusiness The press releases I just read said McDonald's fired their CEO.

pewpewpew globebusiness Caught in a compromising position with Mayor McCheese?

globebusiness He's had his last happy meal.

globebusiness Science of Stupid...

globebusiness Never take your BigMac and McNuggets and Quarter Pounder.

globebusiness Ya Never dip your McNuggets in the company sweet and sour sauce.

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