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McDonald’s to Pay Easterbrook Six Months Severance

McDonald’s Corp. MCD -2.72% said it would pay former Chief Executive Steve Easterbrook six months in severance after firing him due to a relationship with an employee that broke company policy. The burger giant said in a filing on Monday that the agreement absolved McDonald’s of liability resulting from Mr. Easterbrook’s termination and barred him from working for another fast-food company for two years...

Mentions: severance executive compensation McDonald's