McDonald’s CEO Steve Easterbrook has been fired for violating company policy by having a relationship with an unidentified employee, the company said.
The US fast-food giant on Sunday said Steve Easterbrook “demonstrated poor judgment”, since the company prohibits senior management from having relationships with other workers, whether they are under their direct supervision or not.
According to MarketWatch, Easterbrook sent an e-mail with a memo to employees acknowledging the relationship and said it was a mistake.
“Given the values of the company, I agree with the board that it is time for me to move on,” he said in the letter.
McDonald’s said it voted to approve Easterbrook’s departure last Friday after conducting a thorough analysis of the situation, while the compensation’s payment details will be known on Monday after the submission of documents to federal authorities.
After Easterbrook’s dismissal, McDonald’s board appointed Chris Kempczinski, who until now headed McDonald’s USA and will take up his new position immediately as the new president and CEO.
