{"id":316321,"date":"2019-11-04T04:26:19","date_gmt":"2019-11-04T04:26:19","guid":{"rendered":"http:\/\/tehelka.com\/?p=316321"},"modified":"2019-11-04T04:26:19","modified_gmt":"2019-11-04T04:26:19","slug":"mcdonalds-fires-ceo-over-consensual-relationship-with-employee","status":"publish","type":"post","link":"https:\/\/tehelka.com\/mcdonalds-fires-ceo-over-consensual-relationship-with-employee\/","title":{"rendered":"McDonald&#8217;s fires CEO over \u2018consensual relationship\u2019 with employee"},"content":{"rendered":"<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-316322 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2019\/11\/steve.jpg\" alt=\"\" width=\"625\" height=\"500\" srcset=\"https:\/\/tehelka.com\/media\/2019\/11\/steve.jpg 625w, https:\/\/tehelka.com\/media\/2019\/11\/steve-300x240.jpg 300w, https:\/\/tehelka.com\/media\/2019\/11\/steve-525x420.jpg 525w\" sizes=\"(max-width: 625px) 100vw, 625px\" \/><\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">McDonald&#8217;s\u00a0chief executive officer (CEO) Steve Easterbrook was fired from the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said on Sunday.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The fast food giant said Easterbrook demonstrated poor judgment.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The board of directors named Chris Kempczinski, the president of McDonald&#8217;s USA, as its new president and CEO.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">In an email to McDonald&#8217;s employees Easterbrook acknowledged that he had a relationship with an employee and said it was a mistake, that violated company policy.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;Given the values of the company, I agree with the board that it is time for me to move on,&#8221; Easterbrook wrote.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He also said that his time as CEO &#8220;have been the most fulfilling years of my working life.&#8221;<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">According to the sources, details of Easterbrook&#8217;s separation package will be released on Monday in a federal filing. He will also be leaving the company&#8217;s board.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Easterbrook had served as chief executive since 2015.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\">\n","protected":false},"excerpt":{"rendered":"<p>McDonald&#8217;s\u00a0chief executive officer (CEO) Steve Easterbrook was fired from the company after violating company policy by engaging in a consensual relationship with an employee, the corporation said on Sunday. The fast food giant said Easterbrook demonstrated poor judgment. The board of directors named Chris Kempczinski, the president of McDonald&#8217;s USA, as its new president and [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":316322,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[53],"tags":[11956,11954,11955],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/316321"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=316321"}],"version-history":[{"count":2,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/316321\/revisions"}],"predecessor-version":[{"id":316324,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/316321\/revisions\/316324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/316322"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=316321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=316321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=316321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}