Business

McDonald’s chief people officer is leaving the company in the wake of its CEO’s departure

A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois.

Daniel Acker | Bloomberg | Getty Images

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

Fairhurst’s departure follows the company’s announcement Sunday evening that the board fired CEO Steve Easterbrook for violating company policy by having a relationship with an employee.

McDonald’s declined to comment further, citing company policy to not comment on personnel matters.

Shares of McDonald’s were trading down nearly 3% Monday afternoon.

This is breaking news. Please check back for updates.

— CNBC’s Kate Rogers contributed reporting.

Products You May Like

Articles You May Like

Ferrari’s $400,000 Purosangue is a dream to drive. Just don’t call it an SUV
There’s now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks
U.S. export controls need to ‘change constantly’ even if it’s tough for businesses, Secretary Raimondo says
‘A very tricky conundrum’: Experts give their verdict on saving vs. investing as inflation falls
Robinhood launches crypto trading service in the EU

Leave a Reply

Your email address will not be published. Required fields are marked *