Walgreens names ex-McDonald's CEO as chairman

Deerfield, Ill. -- Walgreens said Thursday that it has named retired McDonald’s CEO James Skinner as its new non-executive chairman of the board.



Skinner has served on the Walgreens board since 2005. He will succeed Al McNally, who has been non-executive chairman since 2009.



Walgreens said the change "is consistent with its board of directors succession and rotational planning process."