General Mills Announces Changes to Senior Leadership Team
07 December 2023 - 1:00AM
Business Wire
Also, Sean Walker, Group President,
International, to Retire After More than 30 Years with
Company
General Mills, Inc. (NYSE: GIS) today announced several changes
to its senior leadership team to further advance the company’s
enterprise strategy, Accelerate.
- Jon Nudi is appointed to a new role as Group President, Pet and
International, where he will be accountable for the two largest
growth areas for the company. Since 2016, Nudi served as Group
President, North America Retail (NAR). Under Nudi’s leadership, NAR
significantly accelerated its growth in organic net sales and
segment operating profit, while driving consistent market share
gains across its priority businesses. Ricardo Fernandez, newly
promoted to Segment President, International, will report to Nudi,
with Fernandez also joining the company's senior leadership team.
Fernandez has served as President, U.S. Morning Foods operating
unit, since 2021 where he expanded the company's leadership in its
important U.S. cereal category. Earlier in his career, Fernandez
held leadership roles for General Mills businesses in Europe and
Latin America.
- Dana McNabb is promoted to Group President, North America
Retail, General Mills’ largest and most profitable segment. Since
2021, McNabb served as Chief Strategy and Growth Officer, where she
was responsible for the company's enterprise growth capabilities.
Earlier, McNabb served as Group President, Europe & Australia
segment, as well as President of the U.S. Cereal operating unit,
notably achieving U.S. cereal category leadership for the first
time in 15 years and accelerating growth in net sales and operating
profit.
- Bethany Quam is appointed President, U.S. Morning Foods,
and will join the NAR leadership team, reporting to McNabb. Since
2019, Quam served as Group President, Pet, and led the segment to
double-digit compound annual top and bottom-line growth.
- Kofi Bruce, Chief Financial Officer, will oversee the
Strategy and Growth organization on an interim basis while the
company conducts an external search for a new Chief Strategy and
Growth Officer.
All senior leadership changes are effective Jan. 1, 2024.
“We are making these strategic changes to best position General
Mills for today’s dynamic landscape,” said Jeff Harmening, Chairman
and CEO, General Mills. “These moves enable us to best match our
deep bench of senior talent to fast-growing and important consumer
areas and occasions. I am confident this will help us advance our
next chapter in our Accelerate enterprise strategy.”
In addition, the company also announced that Sean Walker, who
currently serves as Group President, International, will retire
after more than three decades of service, effective Feb. 28,
2024.
“I also want to recognize the impact Sean Walker has had across
our business and culture,” Harmening continued. “Sean identified
big bets for our International business and has been instrumental
in our most recent launch of Blue Buffalo in China. For more than
three decades, Sean has been a positive driving force at the
company, and we wish him nothing but the best as he starts a new
and exciting chapter in life.”
# # #
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.
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