Steve Easterbrook in 2016 He will be replaced by Chris Kempczinski, most recently president of McDonald’s USA, with immediate effect. The public relations firm said that at the time, Easterbrook “had no working relationship with our firm” and didn’t oversee public relations. Steve Easterbrook took the helm of McDonald's in March 2015 and quickly set to work to help save the company after it experienced a 15 percent shortfall in profits the year before. Or was the relationship solely problematic because the two parties worked together? "There isn't going to be some radical, strategic shift," he added. But Steve did not step out on his wife to engage in an extramarital affair. In China, after a scandal involving sketchy meat, Steve worked to roll out customized hamburgers on several continents. McDonald’s now says it's suing Easterbrook, alleging that he covered up relationships with other employees and destroyed evidence. Ms Paleothodoros, 46, had separated from her husband Nick and the couple were going through a divorce. The couple have two children aged 18 and 13. In fact, the former McDonald's CEO is divorced and has three kids. During his tenure as CEO, Steve is credited with establishing McDonald's all-day breakfast, as well as with streamlining the menu and making it easier to customize individual items. I’m sure you can make your own conclusions as to why. Keep reading while we dig into Steve Easterbrook's personal life and relationship history. Additionally, Steve added dual lanes to several of the store's drive-thrus and battled some controversies head-on in order to save McDonald's reputation. Earlier, he worked as an accountant with Price Waterhouse and in 1993 he worked for McDonald as a manager in London. The Content Provided here on WaliKali.com is based on various studies from the web, books, newspaper and other resources. When Easterbrook became CEO at McDonald’s in March 2015, the board determined that the relationship with Ms Paleothodoros didn’t violate company policy and signed it off. The CEO's marriage to Susie has since ended in divorce. Email us at firstname.lastname@example.org or call 0207 782 4368 . For the advertisement, Copyright issues, related queries or any miscellaneous stuff, email us at [email protected], Steve Easterbrook Wiki, Age, Height, Wife, Net Worth, Family, Biography, Kelly Mehlenbacher Wiki, Age, Husband, Family, Net Worth, Biography, Juan Castano Wiki, Age, Height, Girlfriend, Net Worth, Family, Bio, Olivia Troye Wiki, Bio, Age, Height, Husband, …, Senora May Wiki [Tyler Childers Wife], Biography, …, Amy Dorris Wiki, Biography, Age, Husband, Height, …, Ben Harlow Wiki, Biography, Age, Height, Wife, …. She was then removed from the McDonald’s PR account. Nick Paleothodoros is said to have told pals he's "not a fan" of the divorced Brit, 52, who was fired from McDonald’s last week over a … How old is Steve Easterbrook? His former wife is Susie Jennings, and the couple divorced in 2015, the same year Steve received his promotion to CEO. Easterbrook's latest consensual relationship with another female employee - which cost him his job - was brought to the attention of senior staff just three weeks ago, it emerged. McDonald's Is Bringing Back Retro Happy Meals Toys for Their 40th Anniversary, McDonald's Customer Gets Blender to the Face After Throwing Food at Worker, See Where All the 'Great British Baking Show' Winners Are Today, BLACKPINK (Sort of) Can't Have Boyfriends Because of Their Management Company's Dating Ban, What Does Elvira Look Like Without Makeup? Steve Easterbrook Wife. We pay for your stories! Steve's severance package was released on Monday and it was revealed that he will walk away from the company with $675,000 in severance, plus 18 months of health insurance benefits. Watford-born Easterbrook is divorced from ex-wife Susie and has three children. In a statement released on Sunday, Nov. 3, McDonald's board agreed Steve had "demonstrated poor judgment" and should be removed immediately. Employment lawyer Ruby Dinsmore, of Slater and Gordon, said it is now common for firms to have either outright bans on relationships, or to have notification clauses requiring individuals to disclose them. Ms Paleothodoros, currently an executive director at Golin, told the Wall Street Journal: “Steve and I were in a relationship and that ended amicably a while ago.”. The stock had almost doubled since Easterbrook took over in March 2015, more than twice the gain in the S&P 500 Index, giving the company a market capitalization of $147 billion. We pay for videos too. His former wife is Susie Jennings, and the couple divorced in 2015, the same year Steve received his promotion to CEO. It was reported that several years ago, before Easterbrook became McDonald’s chief executive, he had a relationship with Nick's wife and PR exec Denise Paleothodoros. "Steve brought me into McDonald's and he was a patient and helpful mentor," Chris said upon stepping up to the new position. We don't know any other details." We give you trending news and famous personalities all around the world. Last night a friend of Mr Paleothodoros told Mail on Sunday: "Nick is not a fan of Easterbrook’s. 52-year-old Steve Easterbrook was ousted by McDonald's after the fast food giant completed an investigation about the nature of his relationship with an employee. He also cut hard-to-pronounce ingredients as well as several items from McDonald's menu, including the Deluxe Quarter Pounder and six chicken sandwiches, in an effort to simplify the offerings. The Watford-born businessman is estimated to have taken home up to £54million in pay, bonuses and shares from his time at McDonald’s. How old is Steve Easterbrook? On 1 March 2015, after being a chief brand officer of McDonald’s and its former head in the UK and northern Europe, he became the CEO of the company, succeeding Don Thompson, who stepped down on 28 January 2015.