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Omnicom gains from post-Interpublic cross-selling, AI-enabled capabilities and buybacks, though ad weakness and higher debt remain key risks.
Current CEO Jeff Harmening will move to the role of executive chair of the US group’s board of directors.
Dana McNabb, who has spent 27 years at the company, will take over on Jan. 1, 2027, as General Mills works to return to profitable growth
Dana McNabb, who has been with the food maker since 1999, will take over from Jeff Harmening in January.
General Mills (NYSE:GIS) has appointed Chief Operating Officer Dana McNabb as its next chief executive officer, succeeding Jeff Harmening from January 1, 2027. The company’s board of directors unanimously elected McNabb to the position, while Harmening will transition to executive chair of the board on the same date.
MINNEAPOLIS, September 30, 2026--General Mills announced today that Dana McNabb, current Chief Operating Officer, will succeed Jeff Harmening as Chief Executive Officer.
General Mills, Inc. reported first-quarter 2026 results showing sales of US$4,389.5 million, down from US$4,517.5 million a year earlier, and net income of US$397 million versus US$1,204.2 million, while also confirming completion of a share repurchase program totaling 73,102,831 shares for US$4,930.31 million announced in 2022. The combination of weaker quarterly earnings, including lower basic and diluted earnings per share from continuing operations of US$0.74 versus US$2.22, and the...
MINNEAPOLIS, September 29, 2026--The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.61 per share, payable Nov. 2, 2026, to shareholders of record as of Oct. 13, 2026. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 128 years.
Jim Cramer is sounding the alarm on stocks that income investors have trusted for decades, and the culprit is not a dividend cut or a earnings miss but something hiding in plain sight across every brokerage account.
PARIS & MONTREAL, September 29, 2026--Sodiaal has collaborated with Accenture to complete one of the most significant IT integrations in the cooperative's history.
General Mills, Inc. (NYSE:GIS) is showing early signs that its fiscal 2026 trough may be behind it, but the latest quarter does not yet establish a full recovery. Organic sales were flat in the first quarter, North American retail trends improved sequentially, and management is leaning harder on innovation rather than broad price increases. Yet […]
Wall Street has soured on UPS, General Mills, and Best Buy for very different reasons, but all three still send out checks that yield as much as 7%. Whether that income is a trap or a rare opportunity depends on what the market is actually pricing in.
General Mills, Inc. (NYSE:GIS) reported fiscal 2027 Q1 results on September 23, with sales and earnings declining year-over-year but coming in slightly ahead of analysts’ expectations. Net sales fell 3% to $4.4 billion. The company said this was mainly due to the divestiture of its US yogurt business. Adjusted diluted EPS declined 13% in constant […]
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