General Mills has promoted internally after its CFO decided to join consumer goods giant Unilever.
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The US group, maker of products including Old El Paso and Häagen-Dazs ice creams, has named Don Mulligan executive vice president and CFO.
Mulligan has taken the position immediately, replacing Jim Lawrence, who has joined Unilever as CFO.
Mulligan joined from General Mills from Pillsbury in 2001 and has held a number of positions at the company. Most recently, he was senior vice president, financial operations.
As a consequence of Lawrence’s departure, Ken Thome, senior vice president, financial operations at General Mills, has postponed his retirement for a year to take on the role of deputy CFO.
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By GlobalDataGeneral Mills chairman and CEO Steve Sanger said: “Ken has served in a wide variety of finance leadership roles throughout his 38-year career at General Mills and will provide strong continuity during this transition.”
