McDonald’s Investors Want to Oust Chairman Over Ex-CEO’s Severance Package
Former McDonald's (NYSE: MCD) CEO Steve Easterbrook was terminated after it was revealed he had an inappropriate relationship with a staffer, but the fast food giant's board still allowed him to leave with a lucrative severance package valued at an estimated $44 million.
Now an investment group wants McDonald's chairman Enrique Hernandez and compensation committee chair Richard Lenny ousted from the board because of their role in authorizing the payout.
Image source: McDonald's.
Source Fool.com
