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General Mills vs Kellogg — CEO Pay Comparison

Jeff Harmening (General Mills) earns $0 more in total compensation than Gary Pilnick (Kellogg).

MetricGeneral MillsGISKelloggK
CEOJeff HarmeningGary Pilnick
IndustryPackaged FoodsPackaged Foods
Total Compensation$8.0M$8.0M
Base Salary$800K$800K
Stock Awards$4.0M$4.0M
Option Awards$960K$960K
Non-Equity Incentive$1.2M$1.2M
Pay-for-Performance GradeC (54/100)D (49/100)
CEO-Worker Pay Ratio160:1160:1
Median Worker Pay$50K$50K
Say-on-Pay Approval85.5%87.2%
3yr Total Shareholder Return-6.3%-10.8%
Revenue$20.1B$13.1B
Market Cap$38.0B$21.0B
Employees34,00023,000

Analysis

Jeff Harmening (General Mills) earns $8.0M in total compensation, while Gary Pilnick (Kellogg) earns $8.0M.

On pay-for-performance alignment, General Mills scores C (54/100) while Kellogg scores D (49/100). General Mills's CEO compensation is better aligned with company performance.

General Mills's CEO-to-worker pay ratio is 160:1 compared to Kellogg's 160:1. Shareholders approved CEO pay at 85.5% (General Mills) and 87.2% (Kellogg).