McDonald’s says CEO Jim Skinner retiring
OAK BROOK, Illinois - The Associated Press
McDonald’s said on March 21 that CEO
Jim Skinner will retire
later this year and be succeeded by the company’s president, a 22-year veteran at the world’s biggest hamburger chain. Skinner, 67, will step on June 30 after 41 years with McDonald’s, which is headquartered in Oak Brook, Illinois. He was named CEO
in 2004. Donald Thompson, 48, will take over the helm July 1, the company said. Thompson is currently responsible for strategy and operations.