Kellogg CEO to Retire

Kellogg Company announces that David Mackay advised the Kellogg Board of Directors that he plans to retire as president, chief executive officer and director of the company. The effective date of his retirement will be Jan. 1, 2011. According to its succession plan, the Board of Directors elected John A. Bryant, chief operating officer and current member of the Board, as the new president and chief executive officer effective Jan. 2, 2011. David will work closely with John and the team to ensure a smooth transition through March 31, 2011.

 

John Bryant joined Kellogg in 1998 and has held numerous leadership roles. During his tenure with the company, he has led the Kellogg North America and Kellogg International business units, served as chief financial officer from 2002 to 2004 as well as from 2006 to 2009, and assumed his current role of chief operating officer in 2008. Most recently, in July 2010, he was also elected to the company's Board of Directors.

 

Mackay adds, "I have had the distinct privilege of working for this great company over the past 20 years and serving as its CEO for the past four years. This past summer, I became eligible to retire and made a commitment to spend more time with my family. I am pleased to pass the baton to John, whose management capabilities and wealth of experience have prepared him well to drive our business agenda for 2011 and beyond."