Business
McDonald’s sues ousted CEO, alleging employee relationships – Sydney Morning Herald
The fast food giant alleges that former CEO Stephen Easterbrook covered up relationships with other employees and destroyed evidence.
Based on what the company knew at the time, the McDonald’s board approved a separation agreement “without cause” that allowed Easterbrook to keep nearly $US42 million ($58 million) in stock-based benefits, according to Equilar, which tracks executive compensation. Easterbrook also collected 26 weeks of pay, amounting to compensation of about $US670,000.
McDonald’s says in a lawsuit that in July, it became aware of sexual relationships between Easterbrook and three other employees prior to his t…
-
Noosa News8 hours agoMan charged over allegedly abandoning Arnie the German shepherd in car after claiming dog and vehicle were stolen
-
Noosa News9 hours agoMotorcyclist dies in crash with truck
-
Noosa News24 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial
-
General23 hours agoARIA Awards 2025 winners: Amyl & The Sniffers and Ninajirachi dominate