McDonald’s lost its top human resources executive on Monday, days after the company’s CEO was fired for having a relationship with an employee.
The Chicago-based burger giant said that the departure of Chief People Officer David Fairhurst was unrelated to the exit of President and CEO Steve Easterbrook. The British businessmen are close friends; Fairhurst was promoted to his position in 2015 after Easterbrook became CEO.
I have decided the time has come for me to move on to my next career challenge, Fairhurst said in a statement posted on his LinkedIn page.
McDonald’s announced on Sunday that Easterbrook was fired for violating company policy by having a consensual relationship with an employee.
In an email to employees, Easterbrook who is divorced acknowledged the relationship and said that it was a mistake.
Given the values of the company, I agree with the board that it is time for me to move on, Easterbrook said in the email.
McDonald’s would not provide details about the employee with whom Easterbrook was involved. An attorney for Easterbrook declined to answer questions.
In a filing with the US Securities and Exchange Commission, McDonald’s said that Easterbrook will receive six months’ pay but forfeit millions in unvested stock options as part of his severance agreement.