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Former McDonald’s CEO Steve Easterbrook could get $70 million of stocks and options after being fired for a consensual relationship with an employee.
How could this happen? McDonald’s board of directors decided to classify Easterbrook’s forced dismissal as “without cause” — meaning he is able to keep many of his stock options.
This came despite the board acknowledging that the 52-year-old Easterbrook “violated company policy” and “demonstrated poor judgment” by engaging in an affair with a staffer .
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