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Walgreen Names Former McDonald’s CEO Skinner as Chairman

Walgreen Co. named former McDonald’s Corp. Chief Executive Officer James Skinner nonexecutive chairman as Al McNally steps down.

Skinner, who retired from McDonald’s last month, has served on the drugstore chain’s board since 2005, Deerfield, Illinois-based Walgreen said today in a statement. McNally, a former CEO of Harris Bank, has served on Walgreen’s board since 1999 and was non-executive chairman since 2009.