Former McDonald's CEO Ironically Having It His Way After Acknowledging That He Was Lovin' It Up With An Underling - Dealbreaker

Say what you will about McDonald's, but you have to respect a corporation that takes its discarded silly mottos so seriously. In this case "Lovin' Beats Hatin'":

Per Bloomberg:

Former McDonald’s Corp. Chief Executive Officer Stephen Easterbrook, who was fired for having a relationship with an employee, was allowed to keep stock awards worth more than $37 million as well as $675,000 severance and health insurance benefits.

Easterbrook, 52, will get to keep unvested stock options worth about $23.5 million and possibly benefit from grants of restricted shares tied to the company’s performance that are worth roughly $13.8 million at their target payouts, according to calculations by Bloomberg. He’s also eligible for a pro-rated bonus for his work in fiscal 2019.

Somewhere, Adam Neumann is kicking himself for forgetting to bang a WeWork marketing associate and then telling SoftBank immediately.

Fired McDonald’s CEO Gets to Keep $37 Million in Stock Awards [Bloomberg]

Related

mcbrexit

McDonald's Thirsty As Hell To Live That Post-Brexit Tax Life

Unclear if fast food giant aware that Ireland is a thing.

Screen Shot 2019-05-23 at 12.44.47 PM

Area Bank CEO Under Indictment On The Trumpiest Of Charges

Stephen Calk is alleged to have done some very dumb corruption.

Stephen Moore

Trump's Fed Nominee Has No Idea What He's Doing, Says Trump's Fed Nominee

Stephen Moore seems pretty skeptical of Stephen Moore's chances here.

dimon-v-dimon

JPMorgan Shareholders Attempting To Starve Jamie Dimon Into The White House

If less than 75% of these yahoos think one man shouldn't be making more than $30 million a year, he might as well go run The Free World.

KalanickUberTotalRecall

Guy Who Founded Uber Realizes He Owns Way Too Much Uber Stock

Travis Kalanick wasted no time getting about $500 million lighter on his UBER shares.