Another exec leaves McDonald's

McDonald’s confirmed Monday that Chief People Officer David Fairhurst has departed the company, effective immediately.

McDonald's Chief People Officer David Fairhurst is out just days after the chain's board voted to fire former CEO Steve Easterbrook. Will this hurt investor confidence? #mcdonalds #restaurant

Steve Easterbrook is out as McDonald's CEO and president after the board determined that he violated company policy. The company shared the news in an abrupt announcement this weekend. Easterbrook, who became CEO in 2015, "demonstrated poor judgment involving a recent consensual relationship with an employee," McDonald's said in a statement on Sunday. David Fairhurst, chief people officer for McDonald's, has also departed the company. Now, Chris Kempczinski, most recently president of McDonald's USA, is at the company's helm.

While McDonald's CEO Steve Easterbrook is leaving the company on relatively solid footing, it still has a ways to go with improving sames-store sales in the U.S. amid growing competitor pressure. Can new CEO Chris Kempczinski keep the company growing and improve its position in the U.S.? What more do you think management needs to do to maintain its position as the largest chain? Will the scandal around Easterbrook's departure tarnish the brand's reputation? https://lnkd.in/g4-k9M5 #restaurants #mcdonalds #restaurantnews

Wow. McDonald's CEO is terminated from the company after he "violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee." This is... wild! Having a CEO who has been taking big swings at McDonald's leave unexpectedly puts the company in an extremely unexpected position. Chris Kempczinski, who has been running the US business, will take over. Read more at Business Insider. And, reach out if you have thoughts on this – would love to hear more people's perspectives.

News: McDonald’s said it had fired CEO Steve Easterbrook because of a consensual relationship he had with a company employee https://lnkd.in/en8YR_X via @WSJ