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General Mills Names COO Dana McNabb as Next CEO
- On Wednesday, General Mills named Chief Operating Officer Dana McNabb as CEO effective January 1, 2027, with longtime CEO Jeff Harmening transitioning to executive chair of the board.
- McNabb, 50, assumes leadership as General Mills navigates intense competition from private-label brands and higher costs, while shares have fallen about 27% this year through September 29.
- Independent Lead Director Maria Henry credited a "multi-year succession planning process" for the selection, noting that under Harmening, General Mills delivered more than $17 billion to shareholders and added the pet food category.
- "Returning the company to profitable growth is the priority, and we know how we'll get there," McNabb said in a statement, as she becomes the first woman to lead the company.
- The packaged-food industry has seen widespread turnover among CEOs recently, with Hershey, Coca-Cola, and Kraft Heinz naming new executives amid weakening results and pressure to produce healthier offerings.
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27 Articles
General Mills names insider Dana McNabb as CEO, succeeding Jeff Harmening
General Mills said Wednesday Chief Operating Officer Dana McNabb will succeed longtime CEO Jeff Harmening next year, tasking a company veteran with leading the Cheerios maker's efforts to ride out a difficult spending environment.
·New York, United States
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Coverage Details
Total News Sources27
Leaning Left3Leaning Right1Center11Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 20%
C 73%
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