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McDonald's CEO fired for the first time since being canned for an affair with an employee



McDonald's CEO Steve Easterbrook was first seen since being fired by the fast-food giant over an employee affair, breaking cover while heading to an Apple store to buy a new laptop, an exclusive photo show of DailyMail.com.

The 52-year-old used the cover of darkness to make the trip to the store Wednesday night, wearing jeans, sneakers and a cotton jacket.

A British-born businessman admitted earlier this week that he showed "bad judgment" after starting a relationship with another employee whose identity has not yet been revealed.

Although the relationship is consensual, it violates company policy that prohibits managers from having a romantic relationship with any subordinate, which costs Eastbrook his hard work worth $ 1

6 million a year.

It has been spotted in a public place since it was revealed that it had previously escaped distrust for another office romance. He dated Denise Paleododoros, 46, when she was credited to McDonald's account by her PR firm Golin, according to the Wall Street Journal.

  Steve Easterbrook was first seen since being fired by McDonald's for having an affair with an employee, breaking cover while heading to an Apple store to buy a new laptop Wednesday night, exclusively showing photos from DailyMail.com [19659007] Steve Easterbrook was first seen since being fired by McDonald's for an employee affair, breaking cover while heading to an Apple store to buy a new laptop Wednesday night, exclusive photo by DailyMail.com

Easterbrook was first seen since he was fired by McDonald because of an affair with an employee breaking a cover while heading to an Apple store to buy a new laptop Wednesday night, exclusive photos from DailyMail.com show

  Istinskbrook was at the Apple store for about 30 minutes to buy a new laptop his laptop talking to an Apple merchandise employee again for most of his visit

Easterbrook was at the Apple store about 30 minutes to buy his new laptop, talking to an Apple store employee for most of his visit

  After setting up his sleek new computer, he headed home, holding his bag

  After setting up his sleek new computer he headed to his house holding his bag

After adjusting his shiny new co pewter, he headed home Holding Apple Bag

 -born British businessman admitted earlier this week that showed "poor judgment" after he began a connection with another employee. Although the relationship is consensual, it violates the company's policy of forbidding managers from having a romantic relationship with any subordinate, costing Eastbrook his $ 16 million-a-year job

The British-born businessman previously admitted this week that he showed "bad judgment" after starting a relationship with another employee. Although the relationship is consensual, it violates the company's policy of forbidding managers from having a romantic relationship with any subordinate, costing Eastbrook his $ 16 million-a-year job

Eastbrook was in the Apple store for about 30 minutes. to buy his new laptop, he talks to a store employee for most of his visit.

After setting up his sleek new computer, he headed to his house, holding his bag.

The McDonald's Board of Directors voted to leave Westbrook last Friday, after a review of his behavior concluded that he had "shown poor judgment."

The WSJ also reported that the McDonald's Board of Directors began investigating the new Eastbrook affair three weeks ago.

Following an internal investigation, the company's general counsel, Jerry Krulevic, briefed the board and hired a law firm in New York for Wachtell, Lipton, Rosen & Katz to investigate legal risk.

The investigation concluded that the relationship was "short-term and consensual" but raised questions about Easterbrook's decision and he was fired.

Details of his relationship, including with whom she was and for how long, have not been disclosed.

However, an identification of the previous woman with whom he was involved has been disclosed.

His two-year affair with Paleothodoros came to light in 2015, but the fast food company concluded that the relationship did not violate its policies.

  Steve Easterbrook, 52, dated Denise Paleododoros, 46 (pictured) when she was assigned to the McDonald's account by her PR firm

Steve Easterbrook, 52, dated Denise Palletodoros, 46 (pictured) when she was credited to McDonald's by her PR firm

  Paleotodoros Employers (pictured right), Golin, moved to another account

Paleothodoros employers (pictured right), Golin, move her to another account

The same year Easterbrook was promoted from Northern Europe CEO to CEO the company and moved to Chicago.

Paleothodoros, now Golin's CEO, said in a statement, "Steve and I were in a relationship and it ended a while ago."

Her firm said an employee told them about the relationship. in 2015 and at that time, Eastbrook had no "working relationship with our company" and did not monitor public relations.

Paleothodoros was removed from McDonald's account to "avoid conflicts of interest". Golin informed McDonald's who did not take disciplinary action.

It is believed that the father of three divorced his British wife in 2013, moving to the company's headquarters in Chicago that year to become a senior executive.

Meanwhile, his family is in the dark about the circumstances behind his dismissal.

His brother-in-law, Mark Baxter, 55, who married his sister Joanne, told MailOnline: "[It] looks like Steve is a naughty boy.

"We heard on Sunday that he was fired. We do not know the other details. "

In an email to McDonald's staff, Easterbrook writes:" That was a mistake. Given the company values, I agree with the board that it's time to move on. "

  The McDonald's Board of Directors voted to leave Westbrook last Friday after a review of his behavior concluded that he had" shown poor judgment ", but details of his relationship, including who he was with and for how long, were not uncovered

The McDonald's Board of Directors voted to leave Eastersbrook last Friday after a review of his behavior concluded that he had "shown poor judgment." But details of his relationship, including who she was with and how long, were not disclosed.

  In an email to McDonald's staff, Eastbrook writes, "It was a mistake. Given the company values, I agree with the board that it's time to move on. "And it will go to the tune of $ 27 million (£ 21 million), according to details of his pay package, which includes six months of his basic salary, bonuses and shares

In an email to McDonald's staff, Easterbrook wrote: "This was a mistake. Given the company values, I agree with the board that it's time to move on. "And he will move to the tune of $ 27 million (£ 21 million), according to details of his pay package, which includes six months of his basic salary, bonuses and shares

  as part of his exit deal, Easterbrook has signed blunder order agreeing to say nothing that "neglects or damages" McDonald's reputation

Like Cha In his exit deal, Eastbrook signed an agreement to say nothing that "neglects or damages" McDonald's reputation

and he will move to the tune of $ 27 million (£ 21 million), according to details of his payment package, which includes six months of his basic salary, bonuses and shares.

He is now getting a half-year salary of about $ 670,000 (£ 520,000).

According to the documents submitted, his contract is considered terminated "without cause," meaning that he still meets conditions for previous bonuses to be paid over the next three years.

If McDonald reaches his annual targets, he will receive a bonus of between $ 2.32 million (£ 1.8 million) and $ 4.76 million (£ 3.7 million).

The company also shows that it has accumulated 122,986 shares from previous bonuses by the end of last year – worth about $ 22.9 million (£ 17.8 million) at today's prices.

As part of his exit deal, Eastsbrook signed a covenant, agreeing to say nothing that "neglects or damages" McDonald's reputation.

He was also banned from working for a rival, such as Burger King, for the next two years.

McDonald's shares on Wall Street fell after the shelling of Westbrook, who switched from a branch manager to running the company for 25 years. Paschalbrook was credited with turning over MacDonald's fortune after profits fell, by simplifying menus, improving the quality of ingredients, and introducing healthier products such as more salads, fresh fruits and juices ” class=”blkBorder img-share” />

Eastbrook was credited with turning over McDonald's fortune after profits fell by simplifying menus, improving the quality of ingredients and introducing healthier products like more salads, fresh fruits and juices

  Easterbrook is forbidden to work for a rival, such as Burger King, for the next two years

 Easterbrook is forbidden to work for a rival, such as Burger King, for the next two years

Easterbrook was forbidden to work for a rival like Burger King, for the next two years

he was credited with turning over McDonald's riches after profits fell, doing so by simplifying menus, improving the quality of the ingredients and the introduction of healthier wholesome products such as more salads, fresh fruit and juices.

His rise to the top of the most famous fast food brand in the world was exceptional.

The Briton, a keen supporter of Watford FC and the England cricket team, joined the company in 1993 as a branch manager, working with him to become its UK boss in 2006 and then to become president of the Northern European business, loading it with 1800 restaurants.

In 2011 he became the head of British Express Pizza and then Vagamama, but then returned to McDonald's to head the brand in 2013.

overall boss in 2015, running the $ 250 million headquarters business in Chicago. He was married to British wife Susie, and the couple have three children.

It is not known when they split, but it is believed they have divorced since he moved to the United States.

Under his leadership, the company's stock nearly doubled as sales in its US locations stagnated.


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