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Fast-food giant McDonald's is suing ousted CEO Steve Easterbrook, who was fired last year for having a consensual relationship with an employee. And in 2005, Boeing’s chief executive, Harry Stonecipher, was forced to resign after he had a relationship with an employee. Doug Goare, McDonald’s chief restaurant officer, was the second highest-paid company executive. The fast-food giant said Easterbrook demonstrated poor judgment, and that McDonald's forbids managers from having romantic relationships with direct or indirect subordinates, The Associated Press reported. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Easterbrook's pay as CEO rose with McDonald’s share price. Steve Easterbrook, who lost his job as McDonald’s chief executive over the weekend, will receive about six months of his base salary in severance pay. McDonald's board of directors decided on Easterbrook's departure on Friday after conducting a thorough review. He was later moved to Chicago for a more global role. But the fast-food giant have also said he is due for a pro-rata bonus for his work this year, which will be paid out in March 2019. Easterbrook, who took over as CEO of the fast-food giant in March 2015, had a base salary of $1.03 million, along with stock and option awards of just over $5 million and non-equity incentive plan compensation of $1.47 million. Your second $1,200 Covid stimulus check could arrive in just 30 days time, Biden 'named in email as "Big Buy" who would get 10% cut in Chinese deal', Trump '$1 BILLION in debt but still has a net worth more than double that', Student, 21, still has no sense of taste or smell 7 MONTHS after Covid, Hillary Clinton says 'Americans are sick of the Trump reality show', © 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, Comments are subject to our community guidelines, which can be viewed, Steve Easterbrook, who had worked for McDonald's since 1993, was fired over a consensual relationship with an employee, The former CEO is now being sued by the fast-food giant, McDonald’s CEO Steve Easterbrook packs McDelivery orders, Easterbrook has stepped down after evidence he had a consensual relationship with an employee, that he covered up relationships with other employees, relationship with a woman working on a PR account.
Power suppliers could soon be knocking on your door again. He's also simplified drive-thru ordering, axed menu items, helped lead a push toward cleaner ingredients and is tinkering with a national value menu.
In a regulatory filing on Monday, McDonald’s said Mr. Easterbrook would receive six months of severance pay. When Easterbrook became CEO at McDonald’s in March 2015, the board determined that the relationship with Paleothodoros didn’t violate company policy. For other inquiries, Contact Us.
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