Kendall Powell to retire as General Mills' chairman of the board
Nov. 8, 2017
by Rebekah Schouten
Kendall J. Powell will retire as chairman of the board for General Mills at the end of the year.
MINNEAPOLIS – Kendall J. Powell will retire as chairman of the board for General Mills Inc. at the end of the year. The board of directors has chosen CEO Jeffrey L. Harmening to succeed him upon Powell’s retirement. Harmening will continue to serve as the company’s CEO.
Harmening became CEO of General Mills on June 1 when Powell stepped down from the role. At the time, Powell said he would serve as the company’s chairman for a transition period until his retirement.
“Today’s announcement concludes a long and thoughtful process of leadership transition by the board of directors,” said Kerry Clark, independent lead director of the General Mills board. “We are very supportive of Jeff’s leadership efforts on behalf of the company since his appointment as CEO.”
General Mills recently restructuredto move to one global leadership team with four business units reporting directly to the CEO.
“Jeff is leading the company through significant changes with a steady and thoughtful hand, and it is exciting to see the speed in which the teams are responding,” Powell said.