| Business Summary | | General
Mills,
Inc.
is
a
producer
of
packaged
consumer
foods.
The
Company's
products
primarily
are
distributed
directly
to
retail
food
chains,
cooperatives,
membership
stores
and
wholesalers.
The
Company
also
markets
its
products
to
foodservice
operators,
convenience
stores
and
vending
operators.
Certain
food
products,
such
as
yogurt
and
some
foodservice
and
refrigerated
products,
are
sold
through
distributors
and
brokers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | General
Mills,
Inc.
is
a
producer
of
packaged
consumer
foods,
including,
cereals,
desserts,
flour
and
baking
mixes,
dinner
and
side
dish
products,
snack
products,
beverages,
yogurt
products
and
foodservice
products.
For
the
fiscal
year
ended
5/27/01,
sales
rose
6%
to
$7.08
billion.
Net
income
rose
8%
to
$665.1
million.
Results
reflect
increased
unit
volumes
due
to
higher
sales
of
yogurt
and
other
convenience
and
snack
foods,
and
$54.9
million
in
insurance
proceeds. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stephen Sanger, 54 Chairman,
CEO | $2.4M | $1.2M | Raymond Viault, 56 Vice
Chairman of Directors, Betty Crocker and New Ventures Division | 1.3M | -- | Stephen Demeritt, 56 Exec.
VP, Vice Chairman | 1.7M | 1.5M | James Lawrence, 47 Exec.
VP, CFO | 1.1M | -- | Siri Marshall, 52 Sr.
VP - Corp. Affairs, Sec., Gen. Counsel | 1.6M | -- | Dollar amounts are as of 28-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|