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 (ÂŁ12.3m) 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
-
Photos: Mahama and other dignitaries honour late President Mills at 14th memorial ceremony
7 minutes -
The greatest tribute to Atta Mills is to uphold his values – Mahama
11 minutes -
NCCE urges Ghanaians to continue to be law-abiding  Â
14 minutes -
42% of HR professionals dissatisfied with pay — SEDAT report
21 minutes -
Wa High Court sentences Imam Ilyasu Kunateh to 10 years for defilement of 7-year-old boy
38 minutes -
I remain committed to Atta Mills’s vision for Ghana – Mahama
45 minutes -
Unemployed Trained Teachers demand update as deadline for recruitment results expires
48 minutes -
WAFCON 2026: Bank of Africa sponsors JoySports to cover tournament in Morocco
59 minutes -
Etihad Airways to launch direct Abu Dhabi-Accra flights in 2027
60 minutes -
Africa’s pharmaceutical manufacturing plan goes beyond paper – Mahama
1 hour -
You are valuable assets to Ghana – Veep Opoku-Agyemang rallies diaspora in Maryland
1 hour -
NACOC partners UPSA for nationwide survey on drug use
1 hour -
Africa must turn its mineral wealth into jobs and growth – Annoh-Dompreh
1 hour -
Kumasi Anglican SHS wins NACOC Ashanti poetry competition on drug abuse
1 hour -
GES releases recruitment application status for 2026 applicants
1 hour