City
Epaper

McDonald fires CEO for 'poor judgment' over consensual relationship with employee

By ANI | Updated: November 4, 2019 05:00 IST

McDonald has fired its CEO, Steve Easterbrook, citing "poor judgment" over a consensual relationship he had with an employee, the company announced on Sunday.

Open in App

McDonald has fired its CEO, Steve Easterbrook, citing "poor judgment" over a consensual relationship he had with an employee, the company announced on Sunday.

The American fast-food company's Board of Directors has announced that Chris Kempczinski, president of McDonald's USA, will succeed him, The Hill reported.

"Chris takes the reins of this great company at a time of strong, sustained performance, and the Board has every confidence that he is the best leader to set the vision and drive the plans for the Company's continued success," the company said in a statement.

The company has said that the Easterbrook has "violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee."

Meanwhile, Kempczinski described himself in the press release as "committed to upholding our rich heritage of serving our customers and driving value for our shareholders and other stakeholders."

"As one of the world's leading brands, McDonald's makes a difference in the lives of people every day. We have a responsibility not only to serve great food but to make it responsibly and to enrich the communities in which we operate. I am energized by this challenge and look forward to guiding McDonald's continued success," he said.

Easterbrook had been CEO of McDonald's since March 2015. He has earlier served as the company's chief brand officer and head of operations in the U.K. and northern Europe.

( With inputs from ANI )

Tags: Steve EasterbrookU Keurope
Open in App

Related Stories

InternationalRare Total Solar Eclipse to Darken Skies Over Europe, Africa & Middle East on August 2, 2027

MumbaiMumbai: Travel Agent Arrested for Duping Freelance Tour Managers of Rs 7.28 Lakh With Fake Job Promises to Europe and Dubai

Social ViralToday’s Google Googly: Where Did the Arabic Numerals Originate? Find the Correct Answer Here

EntertainmentAfter Wrapping Aankhon Ki Gustakhiyan, Vikrant Massey to Jet Off to Europe for Family Time

InternationalBaba Vanga 2025 Prediction: War, Alien, Encounters and Telepathy

International Realted Stories

InternationalTrump threatens to 'substantially' raise tariffs on India for buying Russian oil 

InternationalTrump warns of "substantially raising tariff paid by India" over Russian oil import

InternationalIran to consider any nuclear proposal securing uranium enrichment right

InternationalTrump threatens to substantially raise tariff on India over Russian oil purchase

InternationalStorm Floris batters northern UK with dangerous winds, heavy rain