GIS - General Mills Inc. (GIS) Presents at 2024 CAGNY Virtual Conference Transcript
2024-02-20 10:32:03 ET
General Mills, Inc. (GIS)
2024 CAGNY Virtual Conference Call
February 20, 2024 08:00 A.M. ET
Company Participants
Timothy Gamache - Weiss Multi-Strategy Advisers
Jeff Siemon - VP, IR
Jeff Harmening - Chairman and CEO
Kofi Bruce - CFO, Interim Chief Strategy and Growth Officer
Conference Call Participants
Kenneth Goldman - J.P. Morgan
Robert Moskow - TD Cowen
Bryan Spillane - Bank of America Securities
Thomas Palmer - Citigroup Inc.
Max Gumport - BNP Paribas
Presentation
Timothy Gamache
In keeping with a very long standing tradition that has lasted over 40 years, we turn to General Mills for the first presentation of the conference. Implicit within the word tradition is the idea that conditions remain constant or unchanged. And that certainly pertains to General Mills in relation to the quality of its products and the values behind its brands, and even in the consistency of results which are evidenced in this morning's press release. At the same time, it has been said that the only constant in life is change, something that General Mills has embraced in the most positive sense of the phrase. The company continues to grow its investment in brand building and innovation, and more recently has invested significantly to build its digital and technological capabilities, all informed by consumer insights and funded by a strong track record of cost savings through a robust supply chain and holistic margin management productivity program. This is complemented by an always on M&A strategy that has resulted in a steady stream of portfolio reshaping activity over the past several years.
With us here today to update us on the strategic progress behind those efforts are Chairman and CEO, Jeff Harmening and CFO, Kofi Bruce. Please join me once again in thanking General Mills for a delicious breakfast and welcoming Jeff Harmening to the podium to kick us off.
Jeff Harmening
Thanks for that introduction, Tim. I really appreciate it. And greetings to everyone here and listening on the webcast. It is a pleasure to be here and on behalf of the full General Mills organization, we are honored to kick off CAGNY's conference once again. I'm joined on stage by our Chief Financial Officer, Kofi Bruce, and our Vice President of Investor Relations and Treasurer, Jeff Siemon. I'd also like to thank Mike Siemienas, Hazen Shad [ph], and Chelcy Walker, as well as Sue Rose, who did a terrific, terrific job supporting our presentation and pulling together this morning's delicious breakfast. ...
General Mills, Inc. (GIS) Presents at 2024 CAGNY Virtual Conference Transcript