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 heart attack in April 2004, and his successor, Charlie Bell, had to ...

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