Steve Easterbrook is a well-reputed British business executive. He served as McDonald’s president and chief executive as from 2015-2019. On 1st November 2019, the Board of Directors voted to dismiss him with immediate effect, due to evidence of a relationship with a staff member, a violation of company policy. Let’s know more about Steve through this article.
Why was Steve Easterbrook fired from McDonald’s?
Easterbrook stepped down as McDonald’s CEO in November 2019 after admitting to a consensual relationship with an employee, which is against company policy.
“This was a mistake,” he wrote in an email to employees. “Given the values of the company, I agree with the board that it is time for me to move on.”
Where is Steve Easterbrook born?
Recalling his early life, Steve was born as Stephen James Easterbrook in Watford, England. He is British by nationality and belongs to English ethnicity. The information about his present and siblings is yet to be disclosed.
Regarding his education, He was educated at Watford Grammar School for Boys. He later studied natural sciences at St. Chad’s College and Durham University.
What is the profession of Steve Easterbrook?
- After graduation, Steve trained as an accountant with Price Waterhouse. He first worked for McDonald’s in 1993 as a manager in London.
- In 2011, he left to become boss of Pizza Express and then Asian food chain Wagamama, before returning to McDonald’s in 2013, eventually becoming its head in the UK and northern Europe. He was appointed the chief executive of McDonald’s in 2015.
- For 2016, Steve’s total compensation almost doubled to $15.4 million and he became one of the highest-paid CEOs in the world. Later, in the same year, his salary jumped to over $21.7 million.
- In 2019 November, Mcdonald’s board of directors voted to remove Steve as CEO, as he had violated corporate policies on personal conduct by entering into a relationship with an employee. He was replaced as CEO by Chris Kempczinski, who had been president of McDonald’s USA.
Is Steve Easterbrook married or not?
Reflecting on his personal life, Steve was previously married to Susie Jennings. Though it is not known when they separated, the couple is believed to be divorced since he moved to the US. The duo has three children together before separation. His children visit him two to three times a month. Further, he resides in Illinois and he is also a Watford FC football fan.
How much net worth does Steve Easterbrook earn?
As the CEO of McDonald’s, Steve earns a decent amount of money from his profession. As per online sites, his estimated net worth said to be $43 million at present. However, his salary is somewhere around 21.7 million.
How tall is Steve Easterbrook?
Observing his body statistics, Steve stands a height of 5 feet 11 inches tall and weighs around 79 Kg. Similarly, he has a pair of hazel eyes and black hair color. His other body information is yet to be disclosed. In the case of disclosed, we will let you know.
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