McDonald’s has parted ways with its chief executive Steve Easterbrook after he had a relationship with an employee.
The fast food giant said the relationship was consensual, but that Easterbrook – who first joined the company in 1993 – had violated company policy and shown “poor judgement”.
McDonald’s forbids managers from having romantic relationships with direct or indirect employees.
In an email to workers, Easterbrook acknowledged he had a relationship with an employee and said it was a mistake.
“Given the values of the company, I agree with the board that it is time for me to move on,” he wrote.
McDonald’s board of directors voted on Easterbrook’s departure on Friday following a review. The details of his separation package will be released on Monday, a company spokesperson said.
Chris Kempczinski – who recently served as president of McDonald’s USA – has been named as the company’s new president and CEO.
In a statement, Kempczinski said: “As one of the world’s leading brands, McDonald’s makes a difference in the lives of people every day.
“We have a responsibility not only to serve great food, but to make it responsibly and to enrich the communities in which we operate. I am energized by this challenge and look forward to guiding McDonald’s continued success.”