• CNBC reports that "McDonald’s board will likely face tough questions from shareholders on Thursday at its annual meeting about how it handled the firing of former CEO Steve Easterbrook.
"Easterbrook was ousted in November 2019 for having a relationship with an employee in violation of company policies. McDonald’s fired him without cause, which allowed him to walk away with a severance package currently valued at as much as $56 million.
"In August, McDonald’s filed suit against Easterbrook to claw back that package, alleging that he lied about having additional relationships with employees. The lawsuit has opened McDonald’s up to questions and criticism of the board’s original investigation into Easterbrook, like why the third-party inquiry was wrapped up in a week and why investigators didn’t check the company’s servers for more evidence."