Steve Easterbrook Bio | Wiki
Steve Easterbrook ( Full Name: Stephen James Easterbrook) is a popular British business executive who was president and chief executive Officer of McDonald’s, the American fast food company from March 2015 to November 2019. He is now working as a direct advisor to Project Pollo CEO and founder Lucas Bradbury. Steve also recently invested in Clean Kitchen Club, a London-based vegan quick-service restaurant chain.
On November 1, 2019, the board of directors voted to remove Steve with immediate effect, because of evidence of a relationship with a staff member, which is a violation of company anti-fraternisation policies. In December 2021, it was announced that Steve had returned $105 million in cash and stock to the company in one of the largest clawbacks in the history of corporate America. McDonalds also stated that Steve would return equity awards and cash, with a current value of over $105 million, which he would have forfeited had he been truthful at the time of his termination and, as a result, been terminated for cause.”
Steve Easterbrook Age
Steve was born on August 6, 1967, in Watford, England. He is 56 years old. Steve celebrates his birthday on August 6, every year.
Steve Easterbrook Height
He is a man of above-average stature. Steve stands at a height of 5 ft 11 in ( Approx. 1. 78m ).
Steve Easterbrook Family
He was born in Watford, England, to his parents. He came to America to become CEO in 2015. Steve belongs to the British ethnicity. Presently, Steve has not disclosed any details regarding his family to the public.
Steve Easterbrook Wife
Steve is divorced from his wife Susie Jennings. The two divorced in 2015. Steve and his ex-wife had three daughters, Katie, Lauren, and Rebecca.
Steve Easterbrook Relationship
He was fired in 2019 from McDonald’s after directors discovered he had been having a secret relationship with a senior female employee, which it said showed “poor judgment” and “violated company policy”. Steve was in a relationship with Denise Paleothodoros from 2014 to 2018.
Steve Easterbrook Education
He studied at Watford Grammar School for Boys. Later on, Steve studied natural sciences at St. Chad’s College, Durham University, where he played cricket with fellow student Nasser Hussain, who would afterward become England’s cricket captain.
Steve Easterbrook McDonalds | CEO
He first worked for McDonald’s in 1993 as a manager in London. In 2011, Steve left to become CEO of PizzaExpress and then CEO of Wagamama, two British casual dining chains, prior to returning to McDonald’s in 2013. On March 1, 2015, following being chief brand officer of McDonald’s and its former head in the UK and northern Europe, Steve became the CEO of the company, replacing Don Thompson, who stepped down on January 28, 2015.
For 2016, Steve’s total compensation almost doubled to $15.4 million. In November 2019, McDonald’s board of directors voted to dismiss Steve as CEO since he had violated corporate policies on personal conduct by entering into a relationship with a company employee. Steve was later replaced as CEO by Chris Kempczinski, who had been president of McDonald’s USA.
In August 2020, McDonald’s filed suit against Steve, accusing him of lying about the number and extent of his relationships with subordinate employees and seeking to recover his severance package of more than $40 million. The company claimed that Steve had sexual relationships with three women in the year prior to his firing and awarded one of these employees stock options worth hundreds of thousands of dollars. Steve was also accused of using his corporate email account to receive and send sexually explicit pictures and videos of various women (such as the three alleged relationships).
Steve Easterbrook Now
He is now working as a direct advisor to Project Pollo CEO and founder Lucas Bradbury. In July 2022, it was reported that Steve is backing U.K.-based Clean Kitchen Club, a plant-based fast-food startup operated by social media influencer Mikey Pearce and reality star Verity Bowditch.
Steve Easterbrook House | Home
Steve lives in his house in Illinois. At the moment, Steve has not disclosed any details regarding his house to the public.
Steve Easterbrook Linkedin
As per Steve’s LinkedIn, he worked as the president and chief executive Officer of McDonald’s, the American fast food company from March 2015 to November 2019.
Steve Easterbrook Salary
He earned a satisfying amount from his work as a business executive who was president and chief executive Officer of McDonald’s, the American fast food company from March 2015 to November 2019. Steve’s average salary is $657,758 per year.
Steve Easterbrook Net Worth
Steve gets his wealth as a business executive who was president and chief executive Officer of McDonald’s, the American fast food company from March 2015 to November 2019. Therefore, Steve has accumulated a decent fortune over the years. Steve’s net worth is $50 million.
How Old Is Steve Easterbrook
Steve is a 56-year-old who was born on August 6, 1967, in Watford, England. Steve celebrates his birthday on August 6, every year.
Is Steve Easterbrook Married
Steve is divorced with three children Katie, Lauren, and Rebecca, who visit McDonald’s two or three times a month.
Who Is Steve Easterbrook
He is the former McDonald’s chief executive, who was ousted by the company in 2019 for having an inappropriate relationship with a subordinate. In 2021, Steve also returned $105 million in cash and stock to the company in one of the largest clawbacks in the history of corporate America. Steve became engaged in a contentious battle with McDonald’s after the company sued him for lying to investigators at the time of his dismissal.