McDonald's says it's suing the former CEO it turfed over his relationship with an employee
In a July 26, 2017 file photo, McDonald's CEO Steve Easterbrook is interviewed at the New York Stock Exchange. McDonald's says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with other employees and destroyed evidence.
Based on what the company knew at the time, McDonald's board approved a separation agreement "without cause" that allowed Easterbrook to keep around $40 million in stock-based benefits plus 26 weeks of pay, amounting to compensation of about $670,000.
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