General Mills has named executives from electronics retail and the banking industry to its board of directors.

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The US food giant said Brad Anderson, vice chairman and CEO of retailer Best Buy Co., and Lois Quam, MD of alternative investments at investment bank Piper Jaffray, would join the board.


In September, General Mills promoted president and chief operating officer Ken Powell to the position of CEO.


Steve Sanger, who held the dual roles of chairman and CEO for 12 years, has stayed on as chairman of the Cheerios-to-Haagen Dazs firm.

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