McDonald’s CEO Steve Easterbrook was forced to step down from his position as he break company rules by having a relationship with an employee.
Steve Easterbrook called his recent relationship with an employee “a mistake” in an email to McDonald’s employees.
According to sources, Easterbrook is recently divorced and has three children.
Steve Easterbrook has been replaced by Chris Kempczinski, previously the president of McDonald’s USA.
McDonald’s has not shared further details of the relationship that led to the firing.
Easterbrook joined McDonald’s in 1993 as a manager in London and worked his way up through the ranks of the company.
He left to become the boss of Pizza Express in 2011 and then Wagamama before returning to McDonald’s in 2013 after which he became the global boss of the company.
McDonald’s board of directors decided on Easterbrook’s departure after conducting a thorough review.
Under his leadership the company’s shares nearly doubled in value while sales at its US restaurants stagnated.
He was responsible for expanding delivery and mobile payments as well as bringing in digital ordering kiosks.
According to the details, McDonald’s forbids bosses from having consensual relationships with employees, regardless of whether they directly manage them.