In his final shareholder meeting as chief executive of McDonald’s Corp., Jim Skinner once again defended the company against activist-shareholder criticism while steering the focus toward progress the brand has made across several lines of business. Skinner, who will retire at the end of June, presented the state of McDonald’s business with his successor, Don Thompson, who pointed out that the chain plans to open as many as 1,300 restaurants worldwide this year. He also ...

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