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Former McDonald’s CEO Steve Easterbrook has returned $105 million severance payment after the company announced on Dec. 16 that ...

In August, McDonalds filed suit against Easterbrook to claw back that package, alleging that he lied about having additional relationships with employees. The lawsuit has opened McDonalds up to questions and criticism of the boards original investigation into Easterbrook, like why the third-party inquiry was wrapped up in a week and why investigators didnt check the companys servers for more evidence. In response, CtW Investment Group, which works with pension funds sponsored by affiliates of u...

ADVERTISEMENT ADVERTISEMENT McDonalds Board Sued Over Ex-CEOs Affair Scandal Losses Law360 (April 21, 2021, 9:40 PM EDT) -- The Teamsters have sued nine McDonalds board members in Delawares Chancery Court, accusing them of breaching their fiduciary duty when they allowed former McDonalds CEO Stephen Easterbrook to waltz off with a separation package purportedly worth $56 million after being fired for having an improper relationship with a subordinate. Teamsters Local 237 Additional Security Fu...