McDonalds

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 โ€œhas separated from the companyโ€ after the board determined that he โ€œviolated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,โ€ McDonaldโ€™s said in a statement.

Furthermore, Easterbrook has now been replaced by McDonaldโ€™s U.S. president Chris Kempczinski.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 โ€œthis 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.โ€

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 โ€œIโ€™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.โ€

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