Unexpected Winners In McDonald’s Compensation Clawback Fight With Its Former CEO

In the fall of 2019, McDonald’s fired its CEO, Stephen Easterbrook (Easterbrook). The reason for the termination was that he violated company policy when he had a consensual sexual relationship with a McDonald’s employee. 

Despite firing Easterbrook for violating company policy, McDonald’s fired him “without cause.” This meant he would receive a significant severance package, with a potential value of more than $41 million. READ MORE