McDonald’s claws back $143m in cash and stock from fired CEO

December 18, 2021 5:00 AM

NEW YORK • Former McDonald’s chief executive Steve Easterbrook, who was ousted by the company in 2019 for having an inappropriate relationship with a subordinate, has returned US$105 million (S$143 million) in cash and stock to the company in one of the largest clawbacks in the history of corporate America.

Source : https://www.straitstimes.com/business/companies-markets/mcdonalds-claws-back-143m-in-cash-and-stock-from-fired-ceo