McDonald’s has axed its chief executive officer for having a relationship with an employee, according to reports Sunday.
The fast food giant’s board of directors voted Friday to terminate Steve Easterbrook after investigating his consensual relationship with the unnamed staffer, the Wall Street Journal reported.
The British-born business executive, who became president and CEO in 2015, “violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” the company said.
Managers are forbidden from engaging in romantic relationships with employees, per the burger chain’s policy.
In an email to staffers on Sunday, Easterbrook apologized and acknowledged the dalliance was a mistake.
“Given the values of the company, I agree with the board that it is time for me to move on,” he wrote.
Chris Kempczinski, who was recently president of McDonald’s USA, was named as the new president and CEO.
“Steve brought me into McDonald’s and he was a patient and helpful mentor,” Kempczinski said of his predecessor.
With Post wires
Go to Source
Author: New York Post