Ex-McDonald’s CEO to repay $105 million to settle lawsuit

By Crayton Harrison
Published 3 Min Read

Steve Easterbrook, the former CEO of McDonald’s who was fired over his sexual relationships with subordinates, agreed to return $105 million in cash and equity awards to settle a lawsuit by the fast-food chain.

The amount represents the compensation Easterbrook would have forfeited had he been forthcoming about his actions and been fired for cause, the Chicago-based company said. Easterbrook, 54, also apologized for the behavior that led to his 2019 ouster.

Crayton Harrison
From Bloomberg News

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