McDonald's cfo announces retirement

OAK BROOK, Ill. McDonald's Corp. announced today that Matthew Paull, cfo, is retiring from the company to pursue a teaching career. According to the company, Paull has agreed to stay until at least the end of the year to ensure a smooth transition.

Jim Skinner, McDonald's ceo, said, "It is with obvious mixed emotion that we announce Matthew's decision. He has made a remarkable contribution to the revitalization and continuing momentum of our business. Our system and our shareholders owe him a huge debt of gratitude for his commitment and passion. Matthew will be leaving McDonald's on a business high, in position for continued success."