McDonald's (MCD) CEO Jim Skinner announces he'll retire at the end of June, after 41 years with...

|About: McDonald's Corporation (MCD)|By:, SA News Editor

McDonald's (MCD) CEO Jim Skinner announces he'll retire at the end of June, after 41 years with the company. MCD's board elects Don Thompson, currently serving as President and COO, to take over as chief executive. Skinner's departure isn't exactly a surprise, but comes earlier than many analysts expected.