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Today General Mills announced a new worldwide organizational restructure that will cut approximately 400-600 jobs in an effort to "maximize global scale."
Among the positions eliminated are those of U.S. svp, CMO, Ann Simonds and international COO Christopher D. O'Leary.
According to a company spokesperson, Simonds recently announced her plans to resign after more than two decades with the General Mills organization. The company confirmed that it is currently conducting an external search to fill a new global chief marketing officer, marketing innovation leader role but declined to clarify whether it plans to hire a new head of marketing in the United States, which remains its biggest market.
"As we wrap up our 150th anniversary year, we are ready to take the next step in our journey to truly operate as a global company and fully resource our best ideas to drive growth," said chairman and CEO Ken Powell in a...
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