Who Is Steve Eastbrooke Wife? Steve Eastbrooke (McDonald’s Former CEO) Bio, Wiki, Age, Salary, Affair, Firing
Steve Eastbrooke Biography
Steve Eastbrooke (Stephen James Easterbrook) is a British business executive and former president and CEO of McDonlad’s Corporation. He was voted out on November 1, 2019 by the board of directors after having an affair with an employee which is a violation of the company’s policy.
Steve Eastbrooke Age
Steve is 52 years old; he was born in August of 1967.
Steve Eastbrooke Nationality
Steve is a British national who currently resides in Chicago.
Steve Eastbrooke Education
Steve attended the Watford Grammar School for Boys. He later joined St. Chad’s College, Durham University where he studied natural sciences.
Steve Eastbrooke Wife – Steve Eastbrooke Ex-Wife
Steve was married but he has since been divorced.
Steve Eastbrooke Children
Steve and his ex-wife share three children together.
Steve Eastbrooke McDonald’s
Steve was the president and CEO of McDonald’s since March 2015. Under his leadership, the company’s shares nearly doubled in value while sales at its US locations stagnated. Steve joined McDonald’s in 1993 as a manager in London. He left in 2011 to become the CEO of PizzaExpress and then CEO of Wagamama before returning to McDonald’s in 2013.
Under Easterbrook McDonald’s spent billions to modernize stores, add digital kiosks and automate parts of the ordering process as part of its turnaround plan. He was credited with franchising 95% of McDonald’s U.S. fleet, launching the popular all-day breakfast, revamping restaurants to add digital ordering kiosks and making tech acquisitions to remodel stores.
Steve Eastbrooke Salary
Steve’s salary was tied to the company’s share price. In 2017 it peaked at $21.8million, including $9.1million in incentive-based pay. In 2018 he received $15.9million in total compensation.
Steve Eastbrooke Fired
On November 1, 2019 Steve was fired as the CEO and president of McDonald’s. On Sunday the burger giant said that its board voted Friday to terminate Mr. Easterbrook after investigating his relationship with the unnamed employee. Mr. Easterbrook resigned from McDonald’s board as well. He wrote in an email to McDonald’s employees on Sunday that he had violated company policy on personal conduct.
Steve Eastbrooke Affair – Steve Eastbrooke Employee
Steve Eastbrooke had a sexual relationship with an unnamed employee while he was the CEO of McDonald’s. This led to his sacking as he violated the company’s policy that forbids managers from having romantic relationships with direct or indirect subordinates. McDonald’s board of directors voted for his departure on Friday after conducting a thorough review.
In an email to the staff Steve acknowledged that he had a relationship with an unnamed employee calling it a ‘mistake’. “This was a mistake. Given the values of the company, I agree with the board that it is time for me to move on.”
On Sunday evening the McDonald’s said Steve Easterbrook had demonstrated poor judgment in violating a company policy that forbids managers from having romantic relationships with direct or indirect subordinates.