Jeffrey L. Harmening is the CEO of General Mills, Inc., a major player in the food industry, since June 2017. He has spent significant time with the company, having joined General Mills in 1994. Before becoming CEO, he held various...

Current Market Cap

$41.65B

Number of Employees

34K

Total Compensation

2019 - 2023

Trending up by 593.05% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 6.67% last year

Bonus

Up by 0.00% last year

Other

Down by -34.59% last year

Year

2023

Total Compensation

$10.40M

Salary

$1.33M

Board Justification

The compensation program is designed to attract, motivate, reward, and retain superior leaders who contribute to strong company performance and shareholder returns.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal 2024 performance as the company performance achievement percentage was 44%.

Other

$164.16K

Board Justification

Includes contributions to retirement savings plans and perquisites such as financial counseling.

Restricted Stock

$8.90M(130.38K PSUs)

Board Justification

Performance Share Units (PSUs) that vested based on the fiscal 2022-2024 performance period, achieving 200% of target performance.

Performance Metrics

Company performance metrics include organic net sales growth and adjusted operating profit growth.

SEC Filing

From August 12, 2024

Jeffrey L. Harmening

CEO of General Mills

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Education

Not specified

Field of Expertise

Business & Management

Born

May 1, 1966 - 58 years ago

Is Founder?

No

Current Tenure

7 years 4 months (Jun 2017 - Present)

Previous Experience

Joined General Mills in 1994, served in various roles including Vice President of Marketing for Cereal Partners Worldwide and Executive Vice President, Chief Operating Officer, U.S. Retail.

View Holdings

Insider Holdings of Jeffrey L. Harmening

GISTTC

$64.58M

$16.00M (32.94%)

Last Insider Trade

GIS

39,520 shares

GIS

Jun 28, 2024

Received