General Mills Elects Henrietta Fore To Board Of Directors - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

General Mills Elects Henrietta Fore To Board Of Directors

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SOURCE General Mills

William Esrey To Retire from the Board in September

Board Also Declares Regular Quarterly Dividend

MINNEAPOLIS, June 24, 2014 /PRNewswire/ -- General Mills (NYSE: GIS) today elected Henrietta H. Fore to its board of directors.

Ms. Fore is Chairman of the Board and Chief Executive Officer of Holsman International, a manufacturing, consulting and investment company. She also serves as global co-chair of Asia Society and global co-chair of WomenCorporateDirectors. Previously, she served as Administrator of the U.S. Agency for International Development, Under Secretary of State for Management, and as the Director of the U.S. Mint in the Department of the Treasury. Fore is a trustee of the Aspen Institute and the Center for Strategic and International Studies.

Current director William T. Esrey will retire from the General Mills board in September following 25 years of distinguished service. Esrey is Chairman Emeritus, Sprint Nextel Corporation and was first elected to the General Mills Board in 1989.

In other action at its regularly scheduled June meeting, the General Mills board declared a quarterly dividend at the prevailing rate of 41 cents per share, payable Aug. 1, 2014, to shareholders of record July 10, 2014. The General Mills quarterly dividend rate was most recently increased 8 percent effective with the May 1, 2014 payment. General Mills and its predecessor firm have paid dividends without interruption or reduction for 115 years.

General Mills is one of the world's leading food companies, operating in more than 100 countries. Its brands include Cheerios, Fiber One, Haagen-Dazs, Nature Valley, Yoplait, Betty Crocker, Pillsbury, Green Giant, Old El Paso, and Wanchai Ferry. Headquartered in Minneapolis, Minnesota, USA, General Mills had fiscal 2012 worldwide sales of US $16.7 billion.

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