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

As Social Security faces looming fund depletion, there’s fierce debate over whether a commission can help
A lack of estate planning contributes to the racial wealth gap in homeownership. How JPMorgan is stepping in to help
Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce
Gen Z is harnessing ‘one of the magical qualities of investing,’ advisor says — how it helps them build wealth
Trump tax breaks are set to expire after 2025. Here’s what advisors are telling their clients

Leave a Reply

Your email address will not be published.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