Former McDonald’s CEO Returns $105 Million to Settle Lawsuit

Former McDonald’s Corp. Chief Executive Steve Easterbrook agreed to return compensation now valued at more than $105 million to resolve a legal dispute related to his dismissal as head of the burger chain, the company said Thursday.

The settlement, which allows McDonald’s to move past a scandal that has weighed on it for more than two years, also includes an apology from Mr. Easterbrook.