Jim Skinner Retiring

Jim Skinner the CEO of McDonald’s will be retiring by the end of June 2012.

Skinner, who has been CEO since 2004, will step down June 30 after 41 years with McDonald’s (MCD). Donald Thompson, a 22-year McDonald’s veteran who is responsible for global strategy and operations for its more than 33,000 McDonald’s restaurants in 119 countries, will be taking over.

Regards,
Quiziebee

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