Audio By Carbonatix
McDonald's has fired its chief executive Steve Easterbrook after he had a relationship with an employee.
The US fast food giant said the relationship was consensual, but Mr Easterbrook had "violated company policy" and shown "poor judgement".
In an email to staff, the British businessman acknowledged 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.
Mr Easterbrook, 52, who is divorced, first worked for McDonald's in 1993 as a manager in London before working his way up the company.
He left in 2011 to become boss of Pizza Express and then Asian food chain Wagamama, before returning to McDonald's in 2013, eventually becoming its head in the UK and northern Europe.
He was appointed chief executive of McDonald's in 2015.
Mr Easterbrook is widely credited with revitalising the firm's menus and restaurants, by remodelling stores and using better ingredients. The value of its shares more than doubled during his tenure in the US.
Under his leadership, McDonald's also expanded its delivery and mobile payment options to emphasise convenience.
The fast food giant's board voted on Watford-born Mr Easterbrook's departure on Friday after a review.
He has also stepped down as McDonald's president and member of the board.
The company's rules for managers prohibit them from become romantically involved with a subordinate.
It will release details of Mr Easterbrook's severance package on Monday, details of which will be closely watched.
The company has been criticised over the amount it pays shop staff, and Mr Easterbrook faced scrutiny for his $15.9m (£12.3m) pay packet in 2018. It was 2,124 times the median employee salary of $7,473.
He will be replaced by Chris Kempczinski, most recently president of McDonald's USA, with immediate effect.
In a statement, Mr Kempczinski thanked Mr Easterbrook for his contributions, adding: "Steve brought me into McDonald's and he was a patient and helpful mentor."
Last year Intel boss Brian Krzanich stepped down for having a consensual relationship with an Intel employee, which was against company rules.
He had been in the post since May 2013.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
From camouflage to tracksuits – Guinea’s junta leader becomes civilian president
2 minutes -
Iran supreme leader admits thousands killed during recent protests
20 minutes -
Judiciary to roll out court decongestion measures, galamsey courts – Chief Justice
1 hour -
Ugandan leader to extend 40-year rule after being declared winner of contested poll
2 hours -
Residents demand action on abandoned Salaga–Kumdi–Kpandai road
2 hours -
Ghana, Japan explore ways to deepen long-standing bilateral ties
2 hours -
Ghana Navy foils illegal fuel bunkering operation along Volta coastline
3 hours -
Gov’t assures minimal power disruption during WAPCo gas pipeline maintenance
3 hours -
Burna Boy and Sporty Group unveil new single “For Everybody” celebrating Africa’s sports heritage and cultural excellence
3 hours -
Achieve By Petra partners Richie Mensah to drive financial independence
3 hours -
Kwakye Ofosu says cost of living eased under Mahama government
5 hours -
Total banking deposits stood at GH¢302.0bn in October 2025, but foreign currency deposits contracted by 21%
5 hours -
Interior Minister calls for collective action to enhance security in Ashanti Region
5 hours -
Baobab: Tree of life dying as climate change ravages Northern Ghana
5 hours -
Extradition of Ofori-Atta and Tamakloe-Attinou could take up to three years – Victoria Bright
5 hours
