McDonald’s ex-CEO pays US$105mil to settle lawsuit over relationships with employees

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The former CEO of McDonald’s Corp paid over US$105 million and apologized to the corporate in a settlement over the burger chain’s allegations that he lied to cowl up sexual relationships with employees.

As a part of the settlement, ex-CEO Steve Easterbrook returned fairness awards and money price over $105 million that he acquired as a severance bundle in 2019, McDonald’s stated in an announcement on Thursday.

McDonald’s sued Easterbrook in August 2020, 9 months after reaching a severance deal, claiming he by no means gave administrators a whole image of his relationships with employees.

The firm stated that when it fired Easterbrook, it solely knew of 1 non-physical consensual relationship with an worker. But an nameless tip after his ouster led to the invention of dozens of sexually express photographs of girls, together with three employees, that Easterbrook despatched to his private e mail from his firm account.

In his response to the lawsuit on the time, Easterbrook had claimed that McDonald’s had details about his relationships on its pc methods when it negotiated his severance bundle.

“Today’s decision avoids a protracted courtroom course of and strikes us past a chapter that belongs in our previous,” McDonald’s Chairman Enrique Hernandez Jr. stated in a message to employees seen by Reuters.

McDonald’s stated it might dismiss its motion in opposition to Easterbrook with prejudice.

“During my tenure as CEO, I failed at instances to uphold McDonald’s values and fulfill sure of my obligations as a frontrunner of the corporate. I apologize to my former co-workers, the Board, and the corporate’s franchisees and suppliers for doing so,”  Easterbrook stated in the identical information assertion offered by McDonald’s.

McDonald’s stated in April it might require new coaching at its eating places to struggle harassment and discrimination after going through lawsuits accusing it of subjecting feminine employees at corporate-owned retailers to widespread sexual harassment. (- Reuters



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