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General Mills Anti 2nd Amendment

Discussion in 'Activism' started by targetshooter22, Jan 22, 2013.

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  1. targetshooter22

    targetshooter22 Member

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  2. Ryanxia

    Ryanxia Member

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  3. mnhntr

    mnhntr Member

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    Sent an email stating I will no longer be using any of their products.
     
  4. ClangClang

    ClangClang Member

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    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.
     
  5. j.kramer

    j.kramer member

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    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
     
  6. rbernie
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    rbernie Member

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    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.
     
  7. j.kramer

    j.kramer member

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    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
     
  8. CharlieDeltaJuliet

    CharlieDeltaJuliet Member

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    I just sent them a message.
     
  9. berettaprofessor

    berettaprofessor Member

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    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.
     
  10. Jim K

    Jim K Member

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    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
     
  11. Double Naught Spy

    Double Naught Spy Sus Venator

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    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
     
  12. Texshooter

    Texshooter Member

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    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.
     
  13. joeschmoe

    joeschmoe Member

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    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.
     
  14. Ryanxia

    Ryanxia Member

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    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.

     
  15. bhesler

    bhesler Member

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    Dude, Totino's are on the list in Post #11. I hope you can find another brand.:uhoh:
     
  16. JohnsXDM

    JohnsXDM Member

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    I emailed also
     
  17. rbernie
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    rbernie Member

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    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...
     
  18. Ryanxia

    Ryanxia Member

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    Crap. You're right. I'll try to stick to the Shaw's brand.
     
  19. w9trb

    w9trb Member

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    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
     
  20. SoCalNoMore

    SoCalNoMore Member

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    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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