GIS 8-K
General Mills Inc (GIS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 7, 2024, General Mills, Inc. announced certain changes to its senior leadership team. These changes include additional responsibilities for Jonathan J. Nudi, who will now also oversee the company’s North America Foodservice business. Effective February 16, 2024, Mr. Nudi will serve as Group President, Pet, International, and North America Foodservice. A copy of the press release announcing the leadership changes is filed as Exhibit 99 hereto.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99 | Press Release dated February 7, 2024. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 7, 2024
| GENERAL MILLS, INC. | ||
| By: | /s/ Karen Wilson Thissen | |
| Name: | Karen Wilson Thissen | |
| Title: | General Counsel and Secretary | |
Exhibit 99
FOR IMMEDIATE RELEASE
General Mills Announces Long-time Senior Executive
Shawn O’Grady to Retire
Pankaj Sharma named Segment President, North America Foodservice
MINNEAPOLIS (Feb. 7, 2024) — General Mills (NYSE: GIS) today announced the retirement of Shawn O’Grady, Group President, North America Foodservice (NAF). To facilitate a smooth transition, O’Grady will move into a Senior Advisor role until his retirement early this summer. Effective Feb. 16, 2024, Jon Nudi, currently Group President, Pet and International, will add NAF to his oversight. Pankaj Sharma, currently President, U.S. Meals & Baking Solutions operating unit, will be promoted to Segment President, NAF. Sharma will report to Nudi and join the General Mills Senior Leadership Team.
“Shawn has been a tremendous asset to General Mills over the past 35 years, most recently leading our North America Foodservice business through the pandemic to significant growth for the enterprise,” said Jeff Harmening, chairman and CEO, General Mills. “Shawn’s enthusiasm for his team and General Mills consumers is truly unmatched, and he and his leadership will be missed.”
Sharma joined General Mills in 2014 and currently is President, U.S. Meals & Baking Solutions, which serves 85 percent of families in the U.S. and is comprised of iconic brands, including Pillsbury, Old El Paso, Betty Crocker, Annie’s and Progresso. Previously, Sharma served as President, U.S. Retail Yogurt operating unit, and Vice President, Marketing, Europe & Australia segment, based in Nyon, Switzerland.
“Jon overseeing NAF, as well as Pet and International, will drive further operational agility for our business,” continued Harmening. “And I’m thrilled to have Pankaj, who has a history of delivering strong business results in a variety of operating environments, join our Senior Leadership Team.”
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About General Mills
General Mills makes food the world loves. The company is guided by its Accelerate strategy to drive shareholder value by boldly building its brands, relentlessly innovating, unleashing its scale and standing for good. Its portfolio of beloved brands includes household names such as Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Totino’s, Annie’s, Wanchai Ferry, Yoki and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2023 net sales of U.S. $20.1 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1.0 billion.
Contacts
(Investors) Jeff Siemon : +1-763-764-2301
(Media) Chelcy Walker: +1-763-764-6364