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Veteran General Mills (NYSE: GIS) director Steve Odland to exit board in 2026

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

General Mills, Inc. reported that long-time director Steve Odland, who has served the company for more than twenty years, has decided not to stand for reelection to the Board of Directors at the company’s 2026 Annual Meeting of Shareholders in September.

He will continue to serve as a director through the remainder of his current term, providing continuity on the Board until the annual meeting.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Director tenure More than twenty years Service of Steve Odland on General Mills Board
Notification date May 4, 2026 Date Odland informed company of non-reelection decision
Planned departure time 2026 Annual Meeting in September End of current Board term for Steve Odland
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;"
Annual Meeting of Shareholders financial
"stand for reelection to the Board of Directors at the Company’s 2026 Annual Meeting of Shareholders in September."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________________
FORM 8-K
___________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 4, 2026
___________________________
General Mills, Inc.
(Exact name of Registrant as Specified in Its Charter)
___________________________
Delaware001-0118541-0274440
(State or Other Jurisdiction
of Incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
Number One General Mills Boulevard
Minneapolis, Minnesota
55426
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (763) 764-7600
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
___________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $.10 par valueGISNew York Stock Exchange
1.500% Notes due 2027GIS 27New York Stock Exchange
3.907% Notes due 2029GIS 29New York Stock Exchange
3.650% Notes due 2030GIS 30ANew York Stock Exchange
3.600% Notes due 2032GIS 32New York Stock Exchange
3.850% Notes due 2034GIS 34New York Stock Exchange
4.750% Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056GIS 56New York Stock Exchange
5.250% Series B Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056GIS 56ANew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment
        of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 4, 2026, after more than twenty years of service, Steve Odland informed the Company that he has decided not to stand for reelection to the Board of Directors at the Company’s 2026 Annual Meeting of Shareholders in September. Mr. Odland will continue to serve as a director though the remainder of his current term.


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 4, 2026
GENERAL MILLS, INC.
By:/s/ Karen Wilson Thissen
Name:Karen Wilson Thissen
Title:General Counsel and Secretary

Source: View Original Filing on SEC EDGAR

FAQ

What board change did General Mills (GIS) disclose in this 8-K?

General Mills disclosed that director Steve Odland has decided not to stand for reelection at the 2026 Annual Meeting of Shareholders in September, after more than twenty years of service on the company’s Board.

When will Steve Odland leave the General Mills (GIS) Board?

Steve Odland will leave the General Mills Board at the 2026 Annual Meeting of Shareholders in September. Until then, he will continue serving as a director for the remainder of his current term.

Did Steve Odland resign immediately from the General Mills (GIS) Board?

No. Steve Odland did not resign immediately. He informed General Mills on May 4, 2026 that he will not stand for reelection, but will continue serving as a director until his current term ends at the 2026 annual meeting.

How long has Steve Odland served on the General Mills (GIS) Board?

Steve Odland has served on the General Mills Board for more than twenty years. The filing notes his long tenure, highlighting significant experience and continuity before his planned departure at the 2026 Annual Meeting of Shareholders.

What type of SEC filing did General Mills (GIS) use for this board update?

General Mills used a Form 8-K under Item 5.02, which covers departures and elections of directors and specified officers, as well as compensatory arrangements for such officers. This item is standard for reporting Board composition changes.

Filing Exhibits & Attachments

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