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McDonald’s Seeks to Recoup Severance Paid Ousted CEO Over Sexual Affairs

Easterbrook’s severance package was worth $41.8 million when he left the Chicago-based company, executive pay firm Equilar has estimated.

But McDonald’s said Easterbrook no longer deserved that payout because of his “silence and lies,” and that had its board known the full picture it would have fired him “for cause.”

Companies risk losing a year’s profit from collapse of supply chains,says McKinsey

he New York-based consultancy, in a report that analyzes 325 companies in 13 industries, quantifies what corporate number crunchers have sensed since the tsunami struck Japan in 2011: that man-made and natural disasters are getting more severe, frequent and costly, and that supply chains spanning the globe need to adapt to reduce exposure to threats to business survival.

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