McDonald’s Fires CEO Over Relationship With Employee

  • 📰 NYMag
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

McDonald's fired CEO Steve Easterbrook after it came to light that he had engaged in a romantic relationship with a member of his staff

Steve Easterbrook took over as CEO in 2015. Photo: Alyssa Schukar/AP/Shutterstock On Sunday, while everyone was lining up to celebrate the return of Popeyes chicken sandwich, the board of McDonald’s was busy firing CEO Steve Easterbrook.

Reuters reports that the fast-food company’s board voted to oust Easterbrook after it came to light that he had engaged in a romantic relationship with a member of his staff. The board determined that even though the relationship was consensual, it violated company policy and “demonstrated poor judgement” on Easterbrook’s part.

Under Easterbrook’s leadership, the company’s stock price steadily rose from $99 per share in early 2015, when Easterbrook took over from former CEO Don Thompson, to a peak of $214 per share in August 2019. In an email to employees, Easterbrook wrote, “This was a mistake. Given the values of the company, I agree with the board that it is time for me to move on.” He has been replaced by Chris Kempczinski, former president of McDonald’s USA.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What a joke. Hitler (anyone purchasing meat is a Hitler) holocaust product empire leader is in trouble...not for immense suffering and murder to an enormous quantity of innocent souls, he is in trouble for a relationship. Hilarious.

Bada Pa Pa Pa...

I bet she called him 'Big Mac.'

Did he get fries 🍟 too

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 111. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California fire updates: Kincade, Maria and Sobrante fires remain threats while others are mostly containedMore than 72 percent of California's wildfires are contained, but responders still have tens of thousands of acres to neutralize as of Saturday, November 2.
Source: Newsweek - 🏆 468. / 52 Read more »

The Photographers Who Walk Into the California FiresOne photographer always keeps his car running in the fire zone. If he turned it off, there might not be enough oxygen to start it up again. Photo on The Edge Just for the Photo. Photos of the Forest Burning.. That Picture is depressing and Creepy..
Source: WSJ - 🏆 98. / 63 Read more »

New York Senator Chuck Schumer mocks Trump making Florida his new home, Donald Jr. fires back'New York, New York. If you can make it there, you can make it anywhere... Trump can't,' Schumer tweeted. Sometimes I can not believe the tweeting that goes on between the people in high office... I think sometimes people don’t grow passed high school... How embarrassing Thank goodness I live on the other side. Hey Jr, your dad never stopped capaigning. Trump spent more time campaigning and golfing whilst in office then performing official duties. What a joke
Source: Newsweek - 🏆 468. / 52 Read more »

Antonio Brown Fires Back At People Dressing Up As ‘Antonio Clown’ For HalloweenAntonio Brown has more or less become the laughingstock of the NFL lately. As such, quite a few people dressed up as him for Halloween. The free-agent wide receiver has been without a team since ge… NESN But he is a clown. NESN Antonio Clown...perfect name lol NESN Waaaaaaaaaa
Source: TMZ - 🏆 379. / 59 Read more »

Newsletter: Essential California Week in Review: Fires and blackoutsA look at California stories from the last week, including major fires and Rep. Katie Hill's resignation. no accountability Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc
Source: latimes - 🏆 11. / 82 Read more »

Florida State fires head football coach after less than two seasons in chargeFlorida State University fired head football coach Willie Taggart on Sunday, one day after the struggling Seminoles lost 27-10 to in-state rival Miami.
Source: CNN - 🏆 4. / 95 Read more »