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Keyword: steveeasterbrook

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  • Statement from current McDonald's CEO Chris Kempczinski regarding lawsuit against ex-CEO Steve Easterbrook for inappropriate sexual relationships with staff

    08/10/2020 9:23:14 AM PDT · by rickmichaels · 19 replies ^ | August 10, 2020 | Chris Kempczinski
    This note was originally sent as an email to the McDonald's System on August 10.When I was first introduced to you as the CEO of McDonald’s last fall, I talked about the importance of adhering to our values. As we have reiterated over the past few weeks, we are committed to those values, including continuing to strengthen our culture and maintain an environment in which members of the McDonald’s System are encouraged to and comfortable with coming forward with information about any behavior that doesn’t align with our values. We recently became aware through an employee report of new information...
  • Ilhan Omar rips McDonald's over ex-CEO Steve Easterbrook's severance package

    11/08/2019 3:56:20 PM PST · by rickmichaels · 95 replies
    Fox Business ^ | Nov. 7, 2019 | Thomas Barrabi
    Rep. Ilhan Omar ripped McDonald’s on Thursday over its $42 million severance package for outgoing CEO Steve Easterbrook, who resigned last week after engaging in consensual affair with an employee. McDonald’s disclosed a filing that Easterbrook would receive six months of severance pay as well as stock considerations. The total value of Easterbrook’s severance package is nearly $42 million, according to an analysis by the executive compensation benchmarking firm Equilar. “McDonald’s former CEO violated company policy and was awarded almost $42 million,” Omar, D-Minn., wrote on Twitter. “Meanwhile, there are hardworking McDonald’s employees who deal with low wages and retaliation...
  • News Summary-Intelligence Report Sunday 11/3/2019

    11/03/2019 9:08:57 PM PST · by Nextrush · 4 replies
    Nextrush Free ^ | 11/3/2019 | Nextrush/Self
    "Patently in error" That's British Prime Minister Boris Johnson's view of President Trump..... Speaking to the media at the White House today the President urged Mr. Johnson to work towards an agreement with the EU that will allow large amounts of trade with the United States..... Brexit Party leader Nigel Farage will not stand as a candidate for the House of Commons in the December 12th General Election.... Tires burned and streets blocked Sunday in Baghdad.... In Lebanon on Sunday thousands rallied in support of President Michel Aoun....then anti-government forces came out onto the streets.... A very blunt message from...
  • McDonald's Corporation Announces Leadership Transition

    11/03/2019 3:47:11 PM PST · by dynachrome · 35 replies
    prnnewswire ^ | 11-3-19 | mcdonalds
    McDonald's Corporation ("McDonald's") (NYSE: MCD) today announced that its Board of Directors has named Chris Kempczinski, most recently President, McDonald's USA, as President and Chief Executive Officer, effective immediately. Kempczinski has also been elected to the McDonald's Board of Directors. Kempczinski succeeds Steve Easterbrook, who 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.