Ousted McDonald's CEO gets to keep $37 million in stock awards

Business Nov 5, 2019

Ousted McDonald's CEO gets to keep $37 million in stock awards

Former McDonald's Corp. Chief Executive Officer Stephen Easterbrook, who was fired for having a relationship with an employee, was allowed to keep stock awards worth more than $37 million as well as $675,000 severance and health insurance benefits. Easterbrook, 52, will get to keep unvested ...

McDonald's CEO out after 'consensual relationship' with employee

Business Nov 4, 2019

McDonald's CEO out after 'consensual relationship' with employee

McDonald's Corp. dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday. The board found that Easterbrook, 52, who had led McDonald's since 2015, had "demonstrated poor judgment" involving ...

McDonald's Japan logs 8% uptick in sales for December

Business / Corporate Jan 5, 2018

McDonald's Japan logs 8% uptick in sales for December

McDonald's Holdings Co. (Japan) said Friday its same-store sales in December rose 8.0 percent from a year earlier, up for the 25th straight month. The growth was led mainly by brisk sales of the Gracoro burger, which is only available in winter. In addition, special ...