McDonald’s CEO Skinner Retires; Thompson Is Successor
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McDonald’s Corp. said Chief Operating Officer Don Thompson will take over as chief executive officer, becoming the first black CEO of the world’s largest restaurant chain, after Jim Skinner retires this year.
Thompson, 48, who became president and operating chief in January 2010, will assume his new role July 1, Oak Brook, Illinois-based McDonald’s said in a statement yesterday. Skinner, 67, who ran McDonald’s for more than seven years, also will retire from the board, where he serves as vice chairman.