New Chief For Kellogg Company
The board of directors of Kellogg Company has unanimously elected Steven A Cahillane as Chief Executive Officer of the global cereal and snack company effective from October 2, 2017, to replace John A Bryant, who has decided to retire. Cahillane most recently served as President and CEO of The Nature’s Bounty Co, a leading health and wellness business.
Bryant will continue as Executive Chairman of the Board until March 15, 2018, at which time Cahillane will assume the role of Chairman and CEO.
“It has been my pleasure to serve as the CEO of Kellogg Company over the past seven years,” Bryant says. “I am even more confident in the future of our company today than at any other time in my 20 years with Kellogg. I’ve decided that the time is right to hand over the reins to a new leader who can continue the transformation of this great company.” He adds: “I am confident that the strength of Steve’s leadership, combined with the drive and talent of our management team and the passion of our incredible employees, will enable Kellogg to realize our vision and purpose while achieving our long-term growth goals.”
Steven A Cahillane.
Cahillane has been President and CEO of Nature’s Bounty, the largest global pure-play manufacturer, marketer and specialty retailer of health and wellness products, since 2014. In this role, he successfully aligned the company with key health and wellness trends, established a thriving e-commerce division and created significant shareholder value.
Prior to this, Cahillane spent seven years with The Coca-Cola Co, most recently serving as President of Coca-Cola Americas, the global beverage maker’s largest business with $25 billion in sales. Under his leadership, Coca-Cola Americas’ performance improved significantly as the business achieved record revenues and delivered consistent market share gains. Other roles there included President and CEO of the Coca-Cola Refreshments business, President of Coca-Cola Enterprises in North America and President of Coca-Cola Enterprises in Europe.
Cahillane previously spent eight years with AB lnBev, the world’s largest brewing company, in various senior leadership roles.
Donald Knauss, Lead Director of Kellogg Company Board of Directors, says: “As a Board, we want to express our thanks to John for everything he has contributed to our company over the course of his Kellogg career. This not only includes John’s accomplishments as CEO, such as continuing to transform Kellogg into a global snacks leader and significantly expanding our emerging markets business, but also as CFO and in other prior roles. Every step of the way, John has displayed exceptional leadership and an unquestionable commitment to Kellogg’s success. This, as well as his devotion to our Kellogg values, anchored in integrity, has enabled John to build a world-class team of leaders dedicated to realizing this company’s full potential.”
