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Ex-McDonald's CEO leaves Walmart board

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Steve Easterbrook, who was ousted as CEO of McDonald's over a relationship with a colleague, resigned from Walmart's board.

The resignation from Walmart's board came less than 48 hours after Easterbrook exited McDonald's.

After Easterbrook's exit from McDonald's, the fast-food chain's stock dropped to its lowest level in more than six months. Some $4 billion in market value was lost.

Read more from The Street.

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