Meet McDonald's new CEO: Don Thompson

Meet McDonald's new CEO: Don Thompson

In what McDonald’s Corp. executives and securities analysts expect to be a smooth transition, Don Thompson will succeed Jim Skinner as chief executive of McDonald’s July 1.

At the time of his retirement announcement Wednesday, Skinner called Thompson, 48, “well prepared” for the role of chief executive. Skinner, 67, was named chief executive in November 2004 after former CEO Jim Cantalupo died of a

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