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Steve Easterbrook Net Worth: How Rich is the Former McDonald’s CEO?

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Steve Easterbrook Net Worth

Steve Easterbrook is an English business executive. He is the former chief executive of McDonald’s where he served from March 2015 to November 2019. As of 2019, Steve Easterbrook net worth is estimated to be $40 million.

Easterbrook was born on August 6, 1967, in Watford, England. He went to Watford Grammar School for Boys. After that, he attended Durham University where he studied natural sciences. During his time at college, he was fascinated by playing cricket.

After graduating from college, Easterbrook worked as an accountant with Price Waterhouse. His first job for McDonald’s came in 1993 where he was a manager in London. He spent the next five years streamlining the UK operations. Steve also attended the 18 months training at Hamburger University in Chicago. After his return to England, he took several initiatives to make the company in delivering higher profit in the UK.

In 2006, he became the Chief Executive of McDonald’s business in the UK. Four years later, in 2010 he became the president of McDonald’s Europe. After working for almost 17 years, he left the job to become CEO of PizzaExpress and then CEO of Wagamama. He left the job at McDonald’s as he felt that he was denied the opportunity and responsibility for a more global opportunity.

However, in 2013, Easterbrook joined McDonald’s again. He was later promoted as the Chief Branding Officer in the UK and also became the Head of UK operations. For 2016, his total compensation was $15.4 million.

Recently, In November 2019, McDonald’s board of directors voted to remove Easterbrook as CEO as he violated corporate policies. He was engaged in a relationship with an employee. He was replaced by Chris Kempczinski, who had been president of McDonald’s USA.

Steve Easterbrook Net Worth

Steve Easterbrook’s net worth is estimated at least $40 million. He owns over 74,232 units of McDonald’s stock worth over $22.35 million and over the last 9 years, he sold MCD stock worth over $1.44 million. In addition to that, he made around $15,876,000 as President and CEO at McDonald’s.

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