The new date is Dec 16, 2021.
McDonald's said in a statement Thursday that it had settled a lawsuit with Steve Easterbrook, who was fired as CEO.
Steve Easterbrook was the former CEO of McDonald's.
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Easterbrook would not have received the payment if he had been honest about his actions.
Easterbrook was fired by the company in November after an investigation found he had engaged in a consensual relationship with an underling.
Easterbrook was sued by the fast-food giant in August 2020 after an internal investigation found he had lied to investigators about his conduct, including sexual relationships with subordinates.
Easterbrook apologized for failing to uphold McDonald's values of "doing the right thing."
The chairman of McDonald's board of directors said the settlement allows the company to move forward and hold Easterbrook accountable for his actions.
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An internal company probe found that Easterbrook took nude content from three company employees and sent it to dozens of other people. Emails were saved on the internal server. He deleted emails on his phone. McDonald's claimed that Easterbrook lied about his conduct to get a severance package. Easterbrook became McDonald's CEO in 2015, after he was the company's chief brand officer and chief of the U.K. and northern Europe.
The Wall Street Journal reports that McDonald's has settled a lawsuit.
McDonald's was accused of hiding relationships from the board.
