General Mills to Consolidate Units Into Three Segments

General Mills will bring cereal, snacks and international operations together in one segment, while combining meals and baking solutions with foodservice, as part of a reorganization taking effect at the start of next year. Its pet business will remain separate.

Today, 17:05· Money Talk· 1,252 reads

The company will also establish a Commercial function covering marketing, sales, consumer insights and analytics. General Mills said the changes are intended to speed decision-making and help it prioritize resources.

Incoming Chief Executive Officer Dana McNabb, currently the company's chief operating officer, said the structure aligns leadership and resources with General Mills' priorities and positions it to deliver more consistent, profitable growth.

The reorganization includes leadership appointments. Ricardo Fernandez will lead the Cereal, Snacks & International unit, and Brett White will become segment president of Meals & Baking Solutions. Liz Mascolo will continue to lead the Pet business. Josh Yates has been appointed chief commercial officer.

General Mills expects to report second-quarter results in December under its existing segment structure. It plans to shift to the three-segment architecture for its third-quarter earnings in March 2027.

General Mills to Consolidate Units Into Three Segments

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