General Mills CEO Jeffrey Harmening's 2019 pay jumps 24% to $9.9M
General Mills reports 2019 executive compensation
By ExecPay News
Published: August 10, 2020
General Mills reported fiscal year 2019 executive compensation information on August 10, 2020.
In 2019, six executives at General Mills received on average a compensation package of $4.6M, a 13% increase compared to previous year.
Average pay of disclosed executives at General Mills
Jeffrey L. Harmening, Chief Executive Officer, received $9.9M in total, which increased by 24% compared to 2018. 30% of Harmening's compensation, or $3M, was in stock awards. Harmening also received $2M of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $1.7M in option awards, $1.2M in salary, as well as $125K in other compensation.
For fiscal year 2019, the median employee pay was $57,177 at General Mills. Therefore, the ratio of Jeffrey L. Harmening's pay to the median employee pay was 172 to one.
Jonathon J. Nudi, Group President, received a compensation package of $4.4M, which increased by 41% compared to previous year. 26% of the compensation package, or $1.2M, was in stock awards.
Donal L. Mulligan, Chief Financial Officer, earned $4M in 2019, a 9% increase compared to previous year.
John R. Church, Chief Supply Chain & GBS Officer, received $3.2M in 2019, which increases by 41% compared to 2018.
William W. Bishop, Jr, Group President, earned $3.2M in 2019.
Richard C. Allendorf, General Counsel, received $3M in 2019, which increases by 5% compared to 2018.
General Mills' fiscal year ends on May 30.
Related executives
Richard Allendorf
General Mills
General Counsel
Jeffrey Harmening
General Mills
Chief Executive Officer
Jonathon Nudi
General Mills
Group President
Donal Mulligan
General Mills
Chief Financial Officer
John Church
General Mills
Former Chief Transformation & Enterprise Services Officer
William Bishop
General Mills
Group President
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Source: SEC filing on August 10, 2020.