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Business Maverick: Ex-McDonald’s CEO Fires Back at Chain’s Effort to Strip Pay

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McDonald’s Corp.’s former Chief Executive Officer Steve Easterbrook fired back at his former company for suing to clawback tens of millions of dollars in compensation, denying company claims he covered up sexual relationships with subordinates.

McDonald’s officials claimed that after firing Easterbrook last year they found new information that showed the former top executive “concealed evidence and lied about his wrongdoing.” Easterbrook says McDonald’s had the information about his relationships with employees when it negotiated his separation agreement.

Steve Easterbrook speaks during the opening of the company’s new headquarters in Chicago on June 4, 2018. “McDonald’s stands by its complaint, both the factual assertions and the court in which it was filed,” the company said. “McDonald’s Corporation filed a meritless — and misleading — lawsuit in the wrong forum,” Easterbrook’s lawyers said.

 

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