McDonald's CEO out over consensual relationship with employee(Update)


The company's board determined that Easterbrook(pic) had also "demonstrated poor judgment involving a recent consensual relationship with an employee, " McDonald's said in a news release. Easterbrook relinquished his seat on the company's board as well.

McDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday.

The board determined that Easterbrook had "demonstrated poor judgement" involving the relationship, McDonald's said in a news release. Easterbrook relinquished his seat on the company's board as well.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
   

Next In Business News

AmBank CEO optimistic over progress in FY25
PETRONAS Gas posts 3Q net profit of RM493.67mil, 18c div/share
PPI continues to fall, 2.4% lower in Oct 2024
Meta Bright to collaborate with Tunas Manja on solar PV installations
Kerjaya Prospek records higher net profit of RM46.09mil
New Zealand cuts cash rate by 50 bps, flags further easing
KLCI remains ahead of 1,600 psychological level
Ringgit opens higher despite Fed caution over easing
Trading ideas: IJM, Maxland, Winstar, RichTech, Maybank, Sunway, IOI, YTL, KLK, MAHB, TM, Greatech, LHI, Pharmaniaga, WCT
Oil prices fall on Israel-Lebanon ceasefire deal

Others Also Read