News

Steve Easterbrook could lose up to $57 million as McDonald’s claims the ex-CEO lied about multiple affairs with employees

McDonald’s is suing its ex-chief executive Steve Easterbrook over his multi-million dollar severance agreement. The fast-food giant alleges Easterbrook lied about having consensual relationships with multiple employees, and that the former CEO destroyed evidence. McDonald’s fired Easterbrook in November 2019 for having a consensual relationship with an employee. Executive compensation […]
Steve Easterbrook could lose up to $57 million as McDonald’s claims the ex-CEO lied about multiple affairs with employees
Strategy

CEOs who made a big show of cutting their salaries during the pandemic got extra equity that could make them even wealthier — and it shows how complicated executive compensation has become

During the coronavirus pandemic, many top executives and CEOs took pay cuts as the financial fallout began. But the pay cuts don’t tell the full story of executive compensation during the pandemic. Fan Fei and Andrew Edgecliffe-Johnson at the Financial Times report that one such CEO – Edward Stack of […]
CEOs who made a big show of cutting their salaries during the pandemic got extra equity that could make them even wealthier — and it shows how complicated executive compensation has become