After a brief investigation, the board decided to terminate Easterbrook without cause, a legal term meaning he had not engaged in significant workplace misconduct. That enabled McDonald’s to “minimize disruption” and the former CEO to collect a severance package that is now worth about $56 million in cash, bonuses, benefits and stock options, the Teamsters’ lawsuit alleges.
McDonald’s board members sued over ‘lavish’ $56 million severance for fired CEO Easterbrook
