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General Mills elects former P&G executive to board of directors

3/10/2009

MINNEAPOLIS General Mills elected R. Kerry Clark to its board of directors Tuesday.

Clark is chairman and CEO of Cardinal Health, Inc. He joined the pharmaceuticals and medical supplies distributor in 2006 as president and CEO. Previously, Clark was vice chairman of the board of The Procter & Gamble Company with responsibility for its $20 billion Family Health business. Over a 32-year career at Procter & Gamble, Clark held a variety of senior executive roles, including extensive international operating responsibilities.

Clark’s election to the General Mills board increases the number of directors to 14.

In related news, General Mills declared a quarterly dividend at the rate of $.43-per-share, payable May 1, while the dividend will be paid to shareholders of record April 9.

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