Former McDonald’s CEO Steve Easterbrook has returned $105 million severance payment after the company announced on Dec. 16 that it has settled its lawsuit against him. The fast-food giant brought a suit against its disgraced former chief executive back in August 2020, claiming that he lied during the company’s internal probe into his inappropriate relationship with a subordinate before his firing in November 2019. Easterbrook promptly apologized for his conduct in a statement following the settlement after a bitter court battle. “During my tenure as CEO, I failed at times to uphold McDonald’s values and fulfill certain of my responsibilities as a leader of the company,” he said in a statement. “I apologize to my former co-workers, the Board, and the company’s franchisees and suppliers for doing so,” said Easterbrook. As part of the deal announced on Dec. 16, McDonald’s agreed to drop its lawsuit against Mr. Easterbrook. “This settlement holds …
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