Kellogg Co. President, CEO and Board member David Mackay advised the Kellogg Board of Directors that he plans to retire as January 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 January 2, 2011. MacKay will work closely with Bryant and the team to ensure a smooth transition through March 31, 2011."David has provided invaluable leadership to our Company," said Jim Jenness, chairman of the Kellogg Board of Directors. "His focus on driving sustainable growth and his passion for our Company and people around the globe have been instrumental in our success."
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.""John has played a central role in our strategic and operational plans over the past decade. His leadership style embodies the Kellogg spirit and values," Jenness commented. "The Board and I are confident that his depth of knowledge and understanding of our business, our customers, and our organization make him the right choice to lead our Company."Bryant, who joined Kellogg in 1998, has held numerous leadership roles. During his tenure, 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 Board of Directors.
"I'm excited to lead this great Company with its 31,000 talented employees and more than 100-year legacy of beloved brands," Bryant notes. "The confidence bestowed upon me is immense, and I am honored and humbled to have been elected to serve in this capacity. We have a strong leadership team in place, and we are committed to delivering long-term, sustainable results."
