McDonald’s chief executive left the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said Sunday.
The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment. McDonald’s forbids managers from having romantic relationships with direct or indirect reports. . .
McDonald’s board of directors voted on Easterbrook’s departure Friday after conducting a thorough review. Details of Easterbrook’s separation package will be released Monday in a federal filing, according to a company spokesperson.
The board of directors named Chris Kempczinski, who recently served as president of McDonald’s USA, as its new president and chief executive.
Kempczinski was instrumental in the development of McDonald’s strategic plan and oversaw the most comprehensive transformation of the US business in McDonald’s history, said Enrique Hernandez, chairman of McDonald’s board, in a statement. (Read more from “Head of McDonald’s Forced to Step down After Relationship with Employee” HERE)