#metoo clawbacks News

McDonald’s Alleges Ex-CEO Duped Directors, Seeks to Claw Back $37 Million Severance

McDonald’s Corp. told a judge that ex-CEO Steve Easterbrook lied about four alleged sexual relationships with subordinates to dupe directors into letting him leave with stock awards as part of his severance. The fast food company, which is seeking to …

Corporations Talking Clawback Policies for Executives’ #MeToo Misconduct

Corporate boards across the U.S. are weighing whether bosses who lose their jobs for bad behavior should surrender part of their compensation. Several high-profile executives resigned or were ousted in the past year following allegations of misconduct, leaving the companies …