The pleasure of any investor is to have dedicated employees who can bring expected growth in the business. One of such employee is Steve Easterbrook. Steve’s leadership skills were evident when he took the management as the CEO of McDonald Restaurant in America. Keep reading to know more about the net worth of Steve Easterbrook in 2018.
Early life and biography
Steve was born on August 1967 in the United Kingdom. His name was Stephen James Easterbrook. For his early education, Steve went to a boys school called Watford Grammar school. In his childhood, Steve was brought up in Watford state.
For further studies, Steve joined St Chads College, Durham University where he took a course that deals with the study of the physical world. In the university, his hobby was playing Cricket. He also liked football and was fun of Watford football club. At 11 years Steve had a craving for burgers. He would travel to McDonald’s Restaurant to order.
Steve Easterbrook is a married man. He is married with three children. His family lives in Illinois, in America after moving from the United Kingdom. Easterbrook’s family are known customers at Mc Donald Restaurant, where they are often visitors.
Carrier, awards, and nominations
After completing his studies at the university in studying the physical world, he joined Price Waterhouse as a trainee in the accounting department. Easterbrook got a job with McDonald where he worked as a manager in the finance department in London. After working for five years, he went for training for a period of one and a half years. After completing the course, Steve went back to England where through his creativity, boosted the company to greater heights in the UK. He took over other branches in northern countries. He rose the ranks from being Mc Donald investment CEO in the UK to be a president in Europe.
He left the company and got a job with Pizza express and Wag mama. In, all the companies he worked as the CEO. By the year 2013, he went back to McDonald where he worked as a branding officer and head of promotions in Europe. By then the CEO of McDonald was Don Thompson who upon stepping down, Easterbrook took as the CEO.
His achievement is a case study in many universities like Harvard. He had an article written about him and highlighted in finance and business newsprint. Media and journals also publish about him.
Net worth and earnings
Easterbrook earns a base salary of $1.1 million with other benefits, e.g., life insurance, travel allowances and many more. He is also entitled to the performance-based allowance which is estimated at $4.6 million. CEO Steve Easterbrook received compensation of $15.4 million in 2016 and $7.91 million in 2015. McDonald’s had a strong year in 2017, and that was good for Steve Easterbrook. The burger giant’s CEO received $21.8 million in total in 2017. After accumulation of his profits, pay, and investments, his net worth is about $50 million which is expected to rise with his continued rise in rank.
Steve Easterbrook is an encouragement to the public in general. He motivates business people worldwide and even those in colleges and universities. Through his effort and implementation of new ideas, Steve raised the standards of McDonald and the earnings. Despite being in the world of competitive business, he has proved that one can make it. He has portrayed a positive image in business industry as a CEO.