Kellogg elects board chairman
A new chairman of the board is taking the helm at Kellogg Company.
Kellogg Co. said last week that John A. Bryant, the company's president and chief executive officer, has been elected to succeed James M. Jenness as board chairman, beginning July 1.
Jenness will remain on the board as a non-executive director.
Kellogg Co.'s board of directors consists of 12 members.
Bryant has been a member of the company's board since July 2010. He has been president and CEO of the company since January 2011.
Bryant joined Kellogg in 1998.
Prior to becoming CEO, Bryant held a variety of key senior leadership roles: chief financial officer, president of Kellogg North America, president of Kellogg International and chief operating officer.
Bryant also serves on several boards: Catalyst, The Consumer Goods Forum, Food Marketing Institute and Grocery Manufacturers Association.
He received a degree from the Australian National University and an M.B.A. from the Wharton School of the University of Pennsylvania.
"John has a deep understanding of all aspects of Kellogg Company's business and a clear vision of how we will deliver on our strategy and grow our business around the world," Jenness said. "His election to chairman demonstrates the board's confidence in his leadership."
Jenness, who has worked with Kellogg Co. for 40 years, has been a Kellogg board member since 2000.
He also served as the company's CEO from February 2005 until Dec. 31, 2006.
Prior to joining Kellogg, Jenness was co-founder and chief executive officer of Integrated Merchandising Systems and served as vice chairman and chief operating officer of Leo Burnett Company.
"Everyone who encounters Jim immediately understands his deep commitment to Kellogg and his passion for our brands," Bryant said. "He has been a trusted mentor, whose sound advice I value and respect.”
Bryant said Jenness’ advice will continue to be invaluable.
The food maker is the world's largest cereal company.
It made more than 1,600 foods in 2013 and reported sales of $14.8 billion.