In 2023, Jeffrey L. Harmening earned $10.40M in total compensation at General Mills, including $1.33M salary and $8.90M in stock. Most recently acquired 39,520 shares in Jun 2024. Currently holds stock worth $19.13M. Has donated $1.70M in stock to charitable causes. 8+ years at the helm of General Mills.
Compensation History
Annual executive compensation data for Jeffrey L. Harmening, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$10.40M
Salary
$1.33M
Bonus
$0.00
Other
$164.16K
Salary
$1.33MBoard Justification
The compensation program is designed to attract, motivate, reward, and retain superior leaders who contribute to strong company performance and shareholder returns.
Bonus
$0.00Board Justification
No bonus was awarded for fiscal 2024 performance as the company performance achievement percentage was 44%.
Other Compensation
$164.16KBoard Justification
Includes contributions to retirement savings plans and perquisites such as financial counseling.
Restricted Stock
Board Justification
Performance Share Units (PSUs) that vested based on the fiscal 2022-2024 performance period, achieving 200% of target performance.
Performance Metrics
Company performance metrics include organic net sales growth and adjusted operating profit growth.
Jeffrey L. Harmening
CEO of General Mills
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
May 1, 1966 - 59 years ago
CEO of General Mills for
8 years 6 months (Jun 2017 - Present)
Previous Experience
Joined General Mills in 1994, served in various roles including Vice President of Marketing for Cereal Partners Worldwide and Executive Vice President, Chief Operating Officer, U.S. Retail.
Other General Mills CEOs
Holdings
Track Jeffrey L. Harmening's stock holdings and portfolio value over time.
Total Stock Sold
$10.90M
$10.90M
161,977 GIS shares
What if they kept their stock?
If Jeffrey L. Harmening didn't sell their stock, today they would have:
Extra GIS161,977 shares worth $7.44M.
This is -31.75% and $3.46M less than what they got when they sold the stock.
Charitable Transactions
37,104 shares
GIS
Recent Charitable Transactions
25,000 shares
GIS
Sep 26, 2022
Charity
7,617 shares
GIS
Dec 8, 2016
Charity
2,632 shares
GIS
Dec 21, 2015
Charity
858 shares
GIS
Nov 2, 2015
Charity
304 shares
GIS
Oct 28, 2014
Charity
693 shares
GIS
Sep 16, 2014
Charity
Insider Trading
Jeffrey L. Harmening's recent stock transactions, purchases, and sales filed with the SEC.
39,520 shares
GIS
Jun 28, 2024
Received
120,776 shares
GIS
Jun 24, 2024
Received
$3.87M
GIS at $64.44/share
Jan 24, 2024
Sale
943 shares
TTC
Nov 1, 2023
Received
32,595 shares
GIS
Jun 30, 2023
Received
97,935 shares
GIS
Jun 26, 2023
Received
939 shares
TTC
Nov 1, 2022
Received
25,000 shares
GIS
Sep 26, 2022
Charity
$3.03M
GIS at $80.00/share
Sep 21, 2022
Sale
31,135 shares
GIS
Jun 28, 2022
Received
Rivals
Compare Jeffrey L. Harmening with competitor CEOs and industry peers.
Robert V. Vitale
CEO of Post Holdings
2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$1.95M
Other
$105.89K
Total Holdings
$264.19M
Christopher Pappas
Founder and CEO of The Chef's Warehouse
2023 Compensation
Stock
$1.44M
Salary
$1.02M
Bonus
$0.00
Other
$181.34K
Total Holdings
$138.58M
Sean Connolly
CEO of Conagra Brands
2023 Compensation
Stock
$0.00
Salary
$1.38M
Bonus
$0.00
Other
$563.38K
Total Holdings
$3.85M
Jean Madar
Founder and CEO of Inter Parfums
2022 Compensation
Stock
$0.00
Salary
$1.23M
Bonus
$0.00
Other
$0.00
Total Holdings
$1.92M
W. Rodney McMullen
CEO of Kroger
2023 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$672.56K
Other
$921.37K
Total Holdings
$614.29K
Patrick Choël
CEO of Inter Parfums
2022 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$393.80K