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General Mills, Inc., is an American multinational manufacturer and marketer of branded processed consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller.
Jeffrey L. Harmening is president and chief executive officer (CEO) of General Mills, having taken over from Ken Powell in June 2017. He was chief operating officer (COO) of General Mills from July 2016 to May 2017. He earned a bachelor's degree from DePauw University (1989), and an MBA from Harvard Business School (1994).
E. Robert Kinney. Robert Kinney (August 12, 1917 – May 2, 2013) was an American businessman, fishery entrepreneur, and philanthropist. He served as the chief executive officer of General Mills from 1973 to 1981, previously serving as chief financial officer. He was appointed Trustee Chair Emeritus of his alma mater, Bates College, in Lewiston ...
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General Mills saw margin gains during the quarter, with the adjusted gross margin increasing 20 basis points to 34.9% and the adjusted operating margin expanding 60 basis points to 18.7%.
Early this morning, General Mills announced that earnings rose an impressive 35%, with a profit of $548.9 million. That's $0.82 per share, up from $0.61 per share in the same quarter last year.
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