Forgot to know; who doesn’t eat McDonald’s? Even US President Donald Trump likes to eat at McDonald’s. Such is the power and ubiquity of McDonald’s golden arches. McDonald’s CEO is Steve Easterbrook, who has held the position since 2015.
Before becoming CEO, he was chief brand officer and former UK and Nordic head of McDonald’s. His compensation package has been discussed in business magazines and financial newspapers. His salary at McDonald’s set a new standard for CEO compensation in the business world.
|Celebration Name:||Steve Easterbrook|
|Real/Full Name:||Stephen James Easterbrook|
|age:||54 years old|
|date of birth:||August 6, 1967|
|place of birth:||Watford, UK|
|Country of Citizenship:||U.K.|
|Wife/Spouse (Name):||Suzy Jennings (front)|
|children:||Yes (3 children)|
|Profession:||UK business executive|
|Net worth in 2022:||$50 million|
|Last update time:||June 2022|
Steve Easterbrook Biography
Steve Easterbrook Born in England in August 1967 as Stephen James Easterbrook. He grew up in Watford and attended Watford Boys Grammar School for his primary education.
He has had a soft spot for McDonald’s burgers since he was 11, and occasionally takes the train to Harrow for the Big Mac on offer.
He continued his studies by studying Natural Sciences at St Chad’s College, Durham University. Here he started playing cricket, one of his fellow cricketers was Nasser Hussain, who later became the captain of the England Test cricket team.
Steve Easterbrook age, height, weight
Steve Easterbrook Born August 6, 1967, will turn 54 on June 25, 2022. Height 1.68 meters, weight 70 kg.
Steve Easterbrook After college, he started his career as a trainee accountant at PricewaterhouseCoopers. Easterbrook started working at McDonald’s in 1993. He started out as a manager in the finance department in London.
He streamlined operations in the UK over the next five years. He completed an 18-month training program at the University of Chicago-Hamburg. After returning to the UK, he launched several initiatives to help companies achieve higher profitability in the UK. Easterbrook was given the responsibilities of other northern nations within a few months.
He was appointed chief executive of McDonald’s UK operations in 2006. He was named President of McDonald’s Europe in 2010. Easterbrook left McDonald’s in 2011 because he felt he was being denied the opportunity and responsibility to take on greater global responsibility.
He changed jobs and now works at PizzaExpress. He was named CEO. He changed jobs again to become CEO of Wagamama. Both companies are among the top British casual and fast food restaurant chains.
Easterbrook made a triumphant return to McDonald’s in 2013. He was later promoted to Chief Brand Officer UK and Head of UK Operations, responsible for the entire Nordics. Later, he was transferred to Chicago for a more global role.
Easterbrook took over as CEO of McDonald’s on March 1, 2015, after previous CEO Don Thompson stepped down on January 28, 2015. Easterbrook’s base salary is $1.1 million, plus annual performance-based bonuses up to 160% of its base salary. Easterbrook’s total compensation nearly doubled to $15.4 million in 2016.
Steve Easterbrook Achievements and Awards
Steve Easterbrook hasn’t won any high-profile awards, but his successful approach to McDonald’s development has been the subject of many case studies at top business schools such as Harvard. His success story is also widely publicized. He has appeared in business and financial newspapers and journals and has an article about him.
Steve Easterbrook Net Worth 2022
Steve Easterbrook is Hired as CEO in 2015 with a base salary of $1.1 million and an annual bonus of 160% of base salary. According to the SEC filing, Easterbrook’s total compensation doubled to $15.4 million in 2016, which is accurate information.
Last year, his base salary was about $1.3 million, and he received an estimated $5.1 million in stock awards, up from $2.9 million in 2015. His ESOP stock value increased from $2.1 million in 2015 to $3.9 million in 2016. His performance bonus increased from $1.5 million in 2015 to $4.6 million in 2016.
His allowance increased to $523,665 from $341,301 in 2015. He received a number of benefits, including car allowances, security, life insurance, and the use of company jets for personal travel.
Taking all these factors into account, including his previous acquisitions and investments, Steve Easterbrook’s net worth is estimated to be around $50 million as of June 2022.
Steve Easterbrook is a well-known business and financial figure. He has been hailed as the rising corporate executive who turned around the fortunes of iconic brands like McDonald’s. He brought the company back to the top and was rewarded handsomely by the company. Easterbrook sets an example for the public, business students and aspiring managers on how to rebuild a business, even in a competitive industry like fast food restaurants (QSR).
steve easterbrook wife, marriage
Steve Easterbrook Married, mother of three children. He moved his family from England to Illinois in the United States. His family are regulars at McDonald’s. Easterbrook remains a supporter of Watford FC, a professional football club based in Watford, Hertfordshire, England.