Shareholders were misled by Steve Easterbrook ‘concealing extent’ of his misconduct, says US regulator
The former boss of McDonald’s, Steve Easterbrook, has been fined $400,000 (£328,000) by the US regulator for “concealing the extent of his misconduct” over a relationship with an employee.
McDonald’s fired Easterbrook in 2019 after directors discovered he had been having a secret relationship with a senior female employee, which it said showed “poor judgment” and “violated company policy”.
