Corporate Profiles - 2024 - 75

General Mills, Inc. Pet
Fiscal 2024
(fiscal year ended in May)
in millions
Net
sales
Operating
income (loss)
Source: General Mills, Inc.
$2,376
-3.9%
$486
+9.0%
General Mills, Inc.
North America Foodservice
Fiscal 2024
(fiscal year ended in May)
in millions
Net
sales
Operating
income (loss)
Source: General Mills, Inc.
$2,529
+3.1%
$316
+9.0%
change from
prior year
General Mills' fiscal 2024 net sales.
Meanwhile, regenerative agriculture is playing
change from
prior year
a larger role at General
Mills. Harmening said the
company is more than
halfway to its goal of getting
to 1 million acres of
regenerative agriculture
by 2030.
" We depend on the climate,
and particularly certain
crops like wheat, for
example, for flour, or oats,
which we make Cheerios
McNabb's promotion to president of North America
Retail, Jonathon J. Nudi was named president of
" If you look at our categories over the last
three months, what we're seeing for the
period ending August is that pounds are
up in our categories (by) 1%. That is an
improvement of over 3.5 points versus
this time last year and an improvement
versus last quarter. "
and Nature Valley, " he said.
" And so regenerative agriculture
is a really important
step for us because it improves soil health, takes
carbon out of the atmosphere, sequesters carbon
better, keeps nutrients better, just makes the whole
cycle more resilient.
General Mills made several changes to its leadership
team at the start of 2024. In addition to
- Dana McNabb, General Mills, Inc.
Pet and International, Ricardo Fernandez was promoted
to president of International, and Bethany
Quam was named president of US Morning Foods.
Later in the year Asheesh Saksena joined the
company as chief strategy and growth officer, a role
that previously was occupied by McNabb. CP
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October 2024 / 75

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Corporate Profiles - 2024

Table of Contents for the Digital Edition of Corporate Profiles - 2024