What is Jeffrey Harmening's salary at General Mills?
As the Chairman of the Board and Chief Executive Officer of General Mills, the total compensation of Jeffrey Harmening at General Mills is $15,837,600. There are no executives at General Mills getting paid more.
How has General Mills's earnings per share changed over the last year?
General Mills, Inc.'s earnings per share (EPS) grew 1.0% per year over the last three years. It achieved revenue growth of 2.9% over the last year.
How much is Jeffrey L Harmening worth?
Jeffrey Harmening Net Worth The estimated Net Worth of Jeffrey L Harmening is at least $29.5 Million dollars as of 12 May 2020.
Who is the CEO of General Mills?
Harmening is Chairman and Chief Executive Officer of General Mills, Inc. Mr. Harmening joined General Mills in 1994 and served in a variety of positions before becoming Vice President of Marketing for Cereal Partners Worldwide (“CPW”), the company’s joint venture with Nestlé based in Switzerland, in 2003. Mr.
How much does a CEO of General Mills make?
Compensation by CompanyName And TitleTotal CompensationJeffrey L. Harmening Chairman and CEOTotal Compensation $10,365,515 View detailsJonathon J. Nudi Group President, North America RetailTotal Compensation $3,938,604 View detailsKofi A. Bruce Chief Financial OfficerTotal Compensation $2,900,701 View details2 more rows
Who is the CEO of General Mills?
Jeff Harmening (Jun 1, 2017–)General Mills / CEOJeffrey L. Harmening is president and chief executive officer of General Mills, having taken over from Ken Powell in June 2017. He was chief operating officer of General Mills from July 2016 to May 2017. He earned a bachelor's degree from DePauw University, and an MBA from Harvard Business School. Wikipedia
Who is the CEO of Cheerios?
Jeffrey L. Harmening Chairman of the Board and CEO Jeff Harmening was named chief executive officer and a member of the board of directors of General Mills on June 1, 2017. He was elected to serve as chairman of the board of directors effective January 1, 2018.
Who is General Mills owned by?
Who Owns General Mills? General Mills is a publicly-owned entity with over 100 subsidiaries. As of December 2021, Vanguard Group owned over 50.7 million company shares and was the largest holder of General Mills shares.
Who is the biggest cereal company?
General Mills, the biggest cereal maker, saw gains in both dollar sales and unit sales for all of its cereal brands combined during the 52 weeks ended Aug. 12. Total U.S. ready-to-eat cereal sales rose 0.9% to $2.6 billion as the company moved 790.7 million units, a 1.5% increase year-over-year.
What is the oldest cereal?
The First Breakfast Cereal, Granula, Had to Be Soaked Before Being EatenGranula wasn't much like the cereal we eat today.The first manufactured breakfast cereal, it was developed in 1863 by a doctor and health reformer named James Caleb Jackson.More items...•
Is Cheerios a girlfriend?
Cheerios have always been made of oats, which are naturally gluten free.
Does Nestle own Cheerios?
Cheerios is a brand of cereal manufactured by General Mills in the United States, consisting of pulverized oats in the shape of a solid torus....Cheerios.A bowl of Cheerios cereal (Limited edition "With Happy Heart Shapes", c. 2022OwnerGeneral MillsProduced byGeneral Mills (US/Canada) Nestlé (outside US/Canada)5 more rows
How much is Jeffrey Harmening worth?
The estimated Net Worth of Jeffrey L Harmening is at least $29.5 Million dollars as of 12 May 2020. Mr. Harmening owns over 45,397 units of General Mills stock worth over $13,681,623 and over the last 7 years he sold GIS stock worth over $0. In addition, he makes $15,837,600 as Chairman of the Board and Chief Executive Officer at General Mills.
Who is Jeffrey Harmening?
Jeffrey L. Harmening serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Harmening is Chairman and Chief Executive Officer of General Mills, Inc. Mr. Harmening joined General Mills in 1994 and served in a variety of positions before becoming Vice President of Marketing for Cereal Partners Worldwide (“CPW”), the company’s joint venture with Nestlé based in Switzerland, in 2003. Mr. Harmening served as Vice President and Senior Vice President of the Big G cereal division from 2007 to 2012, and Senior Vice President, Chief Executive Officer of CPW from 2012 to 2014. From 2014 to June 2016, he served as Executive Vice President, Chief Operating Officer, U.S. Retail. Mr. Harmening was appointed President and Chief Operating Officer of General Mills in July of 2016, Chief Executive Officer in June of 2017 and Chairman in January of 2018.
How much is Jeffrey Harmening worth?
The estimated Net Worth of Jeffrey L Harmening is at least $29.3 Million dollars as of 12 May 2020. Mr. Harmening owns over 45,397 units of General Mills stock worth over $13,452,157 and over the last 7 years he sold GIS stock worth over $0. In addition, he makes $15,837,600 as Chairman of the Board and Chief Executive Officer at General Mills.
Who is Jeffrey Harmening?
Jeffrey L. Harmening serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Harmening is Chairman and Chief Executive Officer of General Mills, Inc. Mr. Harmening joined General Mills in 1994 and served in a variety of positions before becoming Vice President of Marketing for Cereal Partners Worldwide (“CPW”), the company’s joint venture with Nestlé based in Switzerland, in 2003. Mr. Harmening served as Vice President and Senior Vice President of the Big G cereal division from 2007 to 2012, and Senior Vice President, Chief Executive Officer of CPW from 2012 to 2014. From 2014 to June 2016, he served as Executive Vice President, Chief Operating Officer, U.S. Retail. Mr. Harmening was appointed President and Chief Operating Officer of General Mills in July of 2016, Chief Executive Officer in June of 2017 and Chairman in January of 2018.
Comparing General Mills, Inc.'s CEO Compensation With the industry
At the time of writing, our data shows that General Mills, Inc. has a market capitalization of US$35b, and reported total annual CEO compensation of US$16m for the year to May 2021. That's mostly flat as compared to the prior year's compensation.
General Mills, Inc.'s Growth
General Mills, Inc.'s earnings per share (EPS) grew 1.0% per year over the last three years. It achieved revenue growth of 2.9% over the last year.
Has General Mills, Inc. Been A Good Investment?
Boasting a total shareholder return of 48% over three years, General Mills, Inc. has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.
In Summary..
Given that the company's overall performance has been reasonable, the CEO remuneration policy might not be shareholders' central point of focus in the upcoming AGM. Despite the pleasing results, we still think that any proposed increases to CEO compensation will be examined based on a case by case basis and linked to performance outcomes.
When did Harmening start at General Mills?
Started Out at General Mills in 1994. On the whole, Harmening is an excellent example of a CEO that has reached their position by climbing up the ranks over time. This is because he started out at General Mills in 1994, meaning that he can claim more than two decades’ time working for said corporation. 6.
Who is the CEO of General Mills?
10 Things You Didn’t Know about General Mills CEO Jeff Harmening. Jeff Harmening is the current head of General Mills. He rose to his current position in June of 2017, meaning that the full extent of his impact on his corporation remains to be seen. Here are 10 things that you may or may not have known about Jeff Harmening: 1.
What school did Harmening go to?
4. Studied at Harvard Business School. Later, Harmening went to Harvard Business School, where perhaps unsurprisingly, he received a MBA. After all, MBA stands for Master of Business Administration, thus making it the natural choice for people who want to enter the ranks of senior management. 5.
Where did Harmening go to college?
It is interesting to note that the school was once named Indiana Asbury University, which can be explained by its Methodist connection because the Asbury refers to the first American bishop of the Methodist Episcopal Church Francis Asbury.
What was Harmening's job?
In those times, Harmening was involved in marketing. In fact, he went on to perform in a number of marketing positions before the scope of his duties and responsibilities became wider and wider as his rank became higher and higher.
What is Jeff Harmening's name?
Jeff Is a Variant of Geoffrey. Generally speaking, Jefferey is believed to be a variant of Geoffrey. In turn, Geoffrey is made up of two Germanic elements that can mean either “God Peace” or “Good Peace.
When did Harmening return to the US?
Spearheaded Expansion into Natural and Organic Food. In 2014, Harmening returned to the United States to head up the U.S. Retail segment of General Mills, which would be the biggest of its segments.
How Does Total Compensation For Jeff Harmening Compare With Other Companies In The Industry?
At the time of writing, our data shows that General Mills, Inc. has a market capitalization of US$35b, and reported total annual CEO compensation of US$16m for the year to May 2021. That is, the compensation was roughly the same as last year.
A Look at General Mills, Inc.'s Growth Numbers
General Mills, Inc.'s earnings per share (EPS) grew 1.0% per year over the last three years. It achieved revenue growth of 2.9% over the last year.
How Does Total Compensation For Jeff Harmening Compare With Other Companies In The Industry?
At the time of writing, our data shows that General Mills, Inc. has a market capitalization of US$38b, and reported total annual CEO compensation of US$16m for the year to May 2020. We note that's an increase of 61% above last year. While we always look at total compensation first, our analysis shows that the salary component is less, at US$1.2m.
General Mills, Inc.'s Growth
General Mills, Inc.'s earnings per share (EPS) grew 8.3% per year over the last three years. It achieved revenue growth of 4.6% over the last year.