McDonald’s has fired President and CEO Steve Easterbrook. The reason behind this decision is that Easterbrook was found having a secret relationship with an employee.
Having a relationship with an employee is against the company’s policy. He “has separated from the company” after the board determined that he “violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” McDonald’s said in a statement.
Furthermore, Easterbrook has now been replaced by McDonald’s U.S. president Chris Kempczinski. In an email sent to McDonald’s employees, he acknowledged his affair and that it violated company policy.
He added that “this was a mistake. Given the values of the Company, I agree with the Board that it is time for me to move on. Beyond this, I hope you can respect my desire to maintain my privacy.”
Easterbrook had taken the position of CEO in March 2015 after serving as the chief brand officer.
One the other hand, Kempczinski, in an email, has shared “I’m thrilled to be leading this incredible company. Working alongside our talented team, our board, our franchisees, and suppliers, I am committed to upholding our rich heritage of serving our customers and driving value for our shareholders and other stakeholders.”
Stay tuned to Brandsynario for more news and updates.
