Mr. Powell has been Chairman of General Mills, Inc., an international
producer, marketer and distributor of cereals, snacks and processed foods, since 2008 and was Chief Executive Officer of General
Mills, Inc. from 2007 until June 2017. He was President and Chief Operating Officer of General Mills, Inc. from 2006 to 2007, and
became a director of General Mills, Inc. in 2006. He was Executive Vice President and Chief Operating Officer, U.S. Retail from
2005 to 2006; and Executive Vice President of General Mills, Inc. from 2004 to 2005. From 1999 to 2004, Mr. Powell was Chief Executive
Officer of Cereal Partners Worldwide, a joint venture of General Mills, Inc. and the Nestle Corporation. Mr. Powell joined General
Mills, Inc. in 1979.
Compensation, Finance and Financial Risk, and Nominating and Corporate Governance
Other Public Company Directorships:
General Mills, Inc.
Mr. Powell’s qualifications to serve on our Board include more than three decades of business, operational and
management experience. Mr. Powell also serves on the board of directors of another public company. His extensive marketing and
executive decision-making experience and corporate governance work make Mr. Powell a valuable director. Additionally, Mr. Powell
qualifies as an “audit committee financial expert” as defined by SEC rules.