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 News11 hours agoMega-team of heavy horses sets world record at Good Old Days Festival
-
General15 hours agoEnglish springer spaniels Kelly and Milo helping fight dieback in Western Australia
-
General14 hours agoHomicide Squad investigating ‘suspicious’ death of 84yo woman in Sydney suburb of Melonba
-
General4 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final