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NYSE: GIS GENERAL MILLS INC 8-K

General Mills promotes Dana McNabb to COO and board, grants $6M in retention awards to CFO and CTO

Filed May 6, 2026 · Period ending May 4, 2026 · ~1 min read

Key Changes

  • high

    Dana McNabb, 27-year company veteran and current North America Retail/Pet chief, promoted to Chief Operating Officer and elected to board effective June 1, 2026. Compensation package includes $1M base salary, 150% bonus target, and $4M in annual long-term incentives.

  • medium

    CFO Kofi Bruce received one-time $3.5M retention award vesting over three years, with forfeiture if he retires before June 2028. Award structure suggests company is working to retain key financial leadership through 2029.

  • medium

    Chief Digital and Technology Officer Jaime Montemayor granted $2.5M retention award with identical three-year vesting and retirement restrictions, indicating coordinated effort to lock in technology leadership.

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify