McDonald’s promotes Thompson to CEO as Skinner retires

    Oak Brook, Ill.-based McDonald’s Corp. CEO Jim Skinner is retiring and will be succeeded by the company’s No. 2 executive, president and chief operating officer Don Thompson.

    The fast-food company said that Skinner, 67, will leave the company and the board on June 30 after 41 years. Thompson, 48, will take the helm on July 1.

    Read more.

    Oak Brook, Ill.-based McDonald's Corp. CEO Jim Skinner is retiring and will be succeeded by the company's No. 2 executive, president and chief operating officer Don Thompson.

    The fast-food company said that Skinner, 67, will leave the company and the board on June 30 after 41 years. Thompson, 48, will take the helm on July 1.

    Read more.

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