McDonald’s Corp. today named Matthew H. Paull as executive vice president and CFO, effective immediately, succeeding Michael Conley who announced his retirement in March.

“We have conducted an extensive search for the Chief Financial Officer position, looking at numerous external and internal candidates. In Matt Paull, we have the best qualified and most complete person for the job,” said Jack M. Greenberg, the firm’s chairman and CEO. Paull has been a senior vice president – finance at the company since 1999.