The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. In this episode, Matt and I look at the recent SEC enforcement action involving Steve Easterbrook and McDonald’s.
Some of the highlights include:
- Matt tells the tale.
- Should Easterbrook have been initially fired for cause for violating the company Code of Conduct?
- What were the factors for the Board in not terminating for a cause?
- Should Easterbrook have been awarded a golden parachute the first time around?
- Why did the SEC issue a Cease and Desist Order against Mcdonald’s?
- What, if anything, should Mcdonald’s have disclosed?
- What does this case say about clawbacks? Corporate culture?
- What are the lessons learned?
Resources
Matt Kelly in Radical Compliance