McDonald Fires CEO: Steve Easterbrook Biography, Wiki, Age, Family, Net Worth, Twitter, Instagram, Facebook, Fast Facts You Need to Know
Stephen James Easterbrook is the CEO of McDonald’s who was fired over relationship with employee. He is a British business executive who worked as the CEO of McDonald’s, until voted out following a relationship with an employee in contravention of company rules in November 2019.
JUST IN: McDonald's has fired CEO Steve Easterbrook after an investigation into a consensual relationship he had with an unnamed employee. https://t.co/bwFucRQSGY
— Axios (@axios) November 3, 2019
Steve Easterbrook Age
He is 52 years old.
Steve Easterbrook Early life & Education
Easterbrook was born on August 6th, 1967 in Watford, England. He grew up in Watford and went to school at Watford Grammar School for Boys. He later joined St Chad’s College, Durham University to study natural sciences. At the University, he played cricket with a fellow students, Nasser Hussain, who would later become an England cricket captain.
Steve Easterbrook Career
BREAKING: McDonald's: CEO Steve Easterbrook "has separated from the company following the Board's determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee." https://t.co/kdrUxk2XiK
— NBC News (@NBCNews) November 3, 2019
Easterbrook, 52, was born in Watford and joined the company in 1993. He rose to lead the British branch in 2006, then became president of its northern European operation, overseeing 1,800 restaurants.
Easterbrook, 52, became CEO of McDonald’s in 2015. Before then, he was a chief brand officer of McDonald’s and its former head in the U.K. and northern Europe.
Steve Easterbrook Fired over Relationship with an Employee
Steve Easterbrook is out as McDonald's CEO and president after the board determined that he violated company policy, the company said https://t.co/8vzhbCRv4q
— CNN (@CNN) November 3, 2019
McDonald's said Sunday that it fired CEO Steve Easterbrook for violating company policy by having a consensual relationship with an employee.
The company said in a statement that the board determined that Easterbrook "demonstrated a bad judgment" by participating in the relationship.
McDonald’s did not provide other details about the relationship. The company said Easterbrook would be replaced by U.S. President Chris Kempczinski, 51, effective immediately.
"This was a mistake," Easterbrook wrote in an email to employees. "Given the values of the company, I agree with the board of directors that it is time to move on."
Steve Easterbrook Salary, Net Worth
According to the Wall Street Journal, Easterbrook’s compensation rose with McDonald’s share price and “peaked in 2017 at a total of $21.8m including $9.1m in incentive-based pay. He received $15.9m in total compensation last year”.
Steve Easterbrook Married, Wife, Children
Easterbrook is divorced with three children, who visit McDonald’s two or three times a month. He lives in Illinois and is a Watford FC football fan.
Fast Facts You Need to Know
McDonald’s said Sunday that it has fired Chief Executive Steve Easterbrook for violating company policy by having a consensual relationship with an employee.
McDonald’s did not provide other details on the relationship. The company said Easterbrook would be replaced by USA President Chris Kempczinski, effective immediately.
“This was a mistake,” Easterbrook wrote in an email. “Given the values of the company, I agree with the board that it is time for me to move on.”
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