General Mills Anti 2nd Amendment

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Sent an email stating I will no longer be using any of their products.
 
I just sent in a similar e-mail. I told them we wont buy any more GM cereal until they make a similar $10K donation to the NRA, the NJ 2nd Amendment Society, or other organization that supports gun rights for law abiding citizens.

And we buy a LOT of General Mills. Family of 6.
 
who owns general mills

STATE STREET CORPORATION owns 41.46M shares worth $1.65B
Vanguard owns 28.39M shares worth $1.13B
Wellington Management Company owns 24.16M shares worth $962.90M
JPMORGAN CHASE & CO owns 16.33M shares worth $629.29M
T. Rowe Price Associates owns 11.87M shares worth $473.03M
Manning & Napier Advisors owns 7.59M shares worth $291.86M
WINSLOW CAPITAL MANAGEMENT INC /MN owns 6.44M shares worth $260.07M
Inves owns 6.41M shares worth $255.56M
Bank of America Corporation owns 6.32M shares worth $253.00M
Franklin Resources owns 6.16M shares worth $245.48M
UBS AG owns 5.48M shares worth $218.33M
Norges Bank Investment Management owns 4.73M shares worth $191.08M
Westfield Capital Management Company owns 4.33M shares worth $170.63M
Ameriprise Financial owns 4.18M shares worth $161.27M
WESTWOOD MANAGEMENT CORP /TX owns 4.12M shares worth $164.35M
ALLIANCEBERNSTEIN owns 4.11M shares worth $158.59M
Cramer Rosenthal McGlynn owns 4.06M shares worth $161.67M
Geode Capital Management owns 3.99M shares worth $159.00M
Diamond Hill Capital Management owns 3.87M shares worth $154.39M
TIAA-CREF Investment Management owns 3.28M shares worth $130.85M
GOLDMAN SACHS owns 3.27M shares worth $130.24M
GAMCO Asset Management owns 3.07M shares worth $122.15M
Legal & General owns 2.69M shares worth $107.10M
RIVER ROAD ASSET MANAGEMENT owns 2.52M shares worth $100.45M
Mairs and Power owns 2.52M shares worth $100.38M
OppenheimerFunds owns 2.48M shares worth $97.97M
ClearBridge Advisors owns 2.44M shares worth $98.64M

you should do the same to the owner companies
 
Shareholders may 'own' GM, but they don't have any practical influence upon the day-to-day operational decisions. You can write to the institutional shareholders if you want, but it won't alter the investment approach of the investor nor alter the behavior of the company itself.
 
what would happen to a company on the next shareholders meeting when the sales go down ?

shareholders do have influence over what happens inside company
the one with most shares decides who will run it
 
53 years of eating Cheerios every morning....down the drain. Corporations should stop using profits from my purchases to support their political views. When I want to donate money, I'll do it myself.
 
Unfortunately, there are probably not enough people who know about their position and will do something about it to make any difference. Still, most companies don't like to alienate any customers, especially in something that is not their core business area.

As a board member reportedly said when Gillette sponsored an anti-gun TV porgram, "What in hell does banning guns have to do with selling razor blades?" It is a good thought for those companies who are inclined to butt into politics and take some "moral" stand.

Jim
 
what would happen to a company on the next shareholders meeting when the sales go down ?

shareholders do have influence over what happens inside company
the one with most shares decides who will run it
Click to expand...

Not much would happen unless the decline is significant. Many companies regularly experience fluctuations in sales, income, and profit without the changing of corporate managment. As one of the world's largest food companies, it will be hard to avoid their products. Here is a list of General Mills brands.

Betty Crocker
Big G cereals
Bisquick
Bugles
Cascadian Farm
Cheerios
Chex
Cinnamon Toast Crunch
Diablitos Underwood
Fiber One
Food Should Taste Good
Frescarini
Fruit Snacks
Gardetto's
Gold Medal
Good Earth
Green Giant
Häagen-Dazs
Hamburger Helper
Jus-Rol
Kix
Knack & Back
La Salteña
Lärabar
Latina
Liberté
Lucky Charms
Macaroni Grill
Monsters
Mountain High
Muir Glen
Nature Valley
Old El Paso
Pillsbury
Pillsbury Atta
Progresso
Total
Totino's / Jeno's
Trix
V.Pearl
Wanchai Ferry
Wheaties
Yoki
Yoplait
Yoplait France
 
We have, for years, kept a list of all brands that are owned by Gen Mills to be used when we shop.

They have been a company boycotting the Boy Scouts of America for quite a while and are quite anti-family.

Should be no surprise they are anti-2nd.
 
They are still basically an old family run business in Mpls. Weird combination of corporate cowards and timid liberalism, but economically conservative (DFL). They have some pretty strange ideas (Yogurt in a tube/bag) and are easily swayed by public opinion.
Anyone in the Mpls area can start a public campaign (signs, letter to the editor, etc) and it would probably have an effect.
 
As long as they don't make vodka, beef jerky or pizza rolls I can safely avoid them. :D

Here's what I wrote and my response from General Mills.

Dear Valued Consumer:

Thank you for contacting General Mills. Your comments are important to our business.

Please be assured that we will share them with the appropriate individuals.

Sincerely,

Norma Stone

Consumer Services

>Original Message From:
>
>Originated by Consumer: I have just learned that General Mills has donated money to fund a "gun summit" for Minneapolis which will be a further attack on American's Rights. I am deeply disappointed with General Mill's anti-American stance. Should further donations be given to erode the Constitution of the United States myself, family and friends will go out of our way to never purchase your products again. Our Second Amendment Rights are very important to the 80 million+ gun owners in America.
Click to expand...
 
what would happen to a company on the next shareholders meeting when the sales go down ?

shareholders do have influence over what happens inside company
the one with most shares decides who will run it
Click to expand...
The investors with the most shares get to influence the corporate BoD staffing, but that's dang near the extent of it. The BoD, in turn, will decide the operational executive staff hiring/firing while the operational executuve staffing currently in place get to decide the day-to-day kind of stuff. The process of using investors to alter corporate behavior takes ages, because it requires that you link operational decisions to long term drops in share value.

It's far more effective to convince the current operational executive staff that they're fixing to garner bad juju upon their careers via bad press than to wait for some minor blip in the corporate top line (gross sales) to drive investor notice...
 
Google came up with these names for the Board of Directors and CEO. I don't know how to actually get their e-mail addresses.




Name (Connections) Board Relationships Title Type of Board Member Age

Kendall Powell 159 Relationships Chairman and Chief Executive Officer -- 58

Roderick Palmore 58 Relationships Chief Compliance & Risk Management officer,Executive Vice President, General Counsel and Secretary

-- 60

Other Board Members On Board*

Name (Connections) Board Relationships Type of Board Member Primary Company Age

Dorothy Terrell 92 Relationships -- First Light Capital 67

Raymond Gilmartin 60 Relationships -- Merck & Co. Inc. 71

Judith Hope 45 Relationships -- Union Pacific Corporation 71

Michael Rose 55 Relationships -- General Mills, Inc. 70

Robert Ryan 83 Relationships -- General Mills, Inc. 69

Heidi Miller Ph.D. 98 Relationships -- JPMorgan Chase & Co. 58

William Esrey 43 Relationships -- Spectra Energy Corp. 72

Hilda Ochoa-Brillembourg CFA 43 Relationships -- Strategic Investment Partners, Inc. 68

Steve Odland 13 Relationships -- General Mills, Inc. 53

Paul Danos Ph.D. 13 Relationships -- General Mills, Inc. 70

Bradbury Anderson 128 Relationships -- Waste Management, Inc. 63

R. Clark Ph.D. 60 Relationships -- Cardinal Health 414,LLC 60
 
I exercise my right to choose what company get my money, I choose to NO LONGER buys General Mills products.

Thanks for the tip on this. I may have but one vote and a few dollars, but together we can make a difference.
 
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