CEO of McDonald's Jim Skinner announced his retirement.

After 41 years with the company, Jim Skinner was instrumental in the redesign of the premises and to offer more variety in the menus. He will be replaced by Don Thompson , current chief operating officer.

The multinational McDonald's announced that its vice chairman and CEO, Jim Skinner, will retire on June 30. His place is taken by Don Thompson, who currently is the director of operations of the company.

Skinner, 67, became CEO of McDonald's in November 2004. He was the architect of the "Plan to Win" , which the company encouraged " nine years of global sales growth . "

That program led to a revitalization of McDonald's, marked by trendy restaurants, with a new look and more variety on the menu. With this approach, Skinner led the chain for almost nine consecutive years.

Andy McKenna, chairman of the board of the chain, said it was for Skinner's management that the company's market value exceeded $ 100 billion.

Don Thompson, 48, spent 22 years working at McDonald's since January 2010 and has held the offices of president and chief operating officer and directs the global strategies of more than 33,000 McDonald's restaurants in 119 countries.