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McDonald’s Sues Former C.E.O., Accusing Him of Lying and Fraud

By: clo in FFFT3 | Recommend this post (0)
Mon, 10 Aug 20 4:25 PM | 24 view(s)
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Holy cow, THREE relationships, greedy appetite.

McDonald’s sued its former C.E.O., Steve Easterbrook, alleging that he had concealed evidence of sexual relationships with 3 employees.
Monday, August 10, 2020 9:12 AM EST

The lawsuit represents an extraordinary departure from the traditional disclose-it-and-move-on decorum that American corporations have often embraced when confronted with allegations of wrongdoing by senior executives.

The lawsuit, filed in state court in Delaware, alleges that Mr. Easterbrook carried on sexual relationships with three McDonald’s employees in the year before his ouster and that he awarded a lucrative batch of shares to one of those employees. McDonald’s said it was seeking to recoup stock options and other compensation that the company last fall allowed Mr. Easterbrook to keep — a package worth more than $40 million, according to Equilar, a compensation consulting firm.

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http://www.nytimes.com/2020/08/10/business/mcdonalds-ceo-steve-easterbrook.html?campaign_id=60&emc=edit_na_20200810&instance_id=0&nl=breaking-news&ref=cta®i_id=16112385&segment_id=35692&user_id=75ee940ebe2fd3e9d0a6bb93cf283302




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