Shareholders were misled by Steve Easterbrook ‘concealing extent’ of his misconduct, says US regulator
The former boss of McDonald’s, Steve Easterbrook, has been fined $400,000 (£328,000) by the US regulator for “concealing the extent of his misconduct” over a relationship with an employee.
McDonald’s fired Easterbrook in 2019 after directors discovered he had been having a secret relationship with a senior female employee, which it said showed “poor judgment” and “violated company policy”.
Shareholders were misled by Steve Easterbrook ‘concealing extent’ of his misconduct, says US regulatorThe former boss of McDonald’s, Steve Easterbrook, has been fined $400,000 (£328,000) by the US regulator for “concealing the extent of his misconduct” over a relationship with an employee.McDonald’s fired Easterbrook in 2019 after directors discovered he had been having a secret relationship with a senior female employee, which it said showed “poor judgment” and “violated company policy”. Continue reading…
