McDonald's CEO out over consensual relationship with employee(Update)

The company's board determined that Easterbrook(pic) had also "demonstrated poor judgment involving a recent consensual relationship with an employee, " McDonald's said in a news release. Easterbrook relinquished his seat on the company's board as well.

McDonald's Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday.

The board determined that Easterbrook had "demonstrated poor judgement" involving the relationship, McDonald's said in a news release. Easterbrook relinquished his seat on the company's board as well.