How Harmening was paid
$12.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Jeffrey L. HarmeningChairman of the Board & CEO | $1,350,000 | $7,278,003 | $2,608,294 | $889,380 | $274,971 | $92,182 | $12,492,830 |
| Kofi A. BruceChief Financial Officer | $865,227 | $2,183,401 | $782,496 | $411,156 | $428,604 | $57,911 | $4,728,795 |
| Dana M. McNabbGroup President, North America Retail and North America Pet | $750,000 | $1,965,171 | $704,246 | $356,400 | $285,823 | $58,216 | $4,119,856 |
| Jaime MontemayorChief Digital and Technology Officer | $706,667 | $1,601,271 | $573,830 | $252,139 | $0 | $118,674 | $3,252,581 |
| Jonathon J. NudiFormer Group President, North America Pet, International & North America Foodservice | $845,000 | $1,965,171 | $704,246 | $371,124 | $0 | $67,454 | $3,952,995 |
What changed and why
- $12.5M$12,492,830 was CEO total compensation in 2025, down from $16,056,114 in 2024.
- $7.3M$7,278,003 of CEO compensation came from stock awards, while $2,608,294 came from option awards.
- $889K$889,380 was the CEO’s annual incentive compensation earned for fiscal 2025 performance.
- $60,655206:1 was the CEO-to-median-employee pay ratio, based on median employee compensation of $60,655.
- Five percent of cost of goods sold represented fiscal 2025 Holistic Margin Management cost savings.
- Fiscal 2025 PSU awards used a three-year performance period tied to fiscal 2025 through 2027.
Other General Mills proxy statements
- 2026 proxy statement
Jeffrey L. Harmening paid $14M (+12% on the year), pay ratio 222:1.
Filed Aug 13, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.