Jorge Uribe
GENERAL MILLSAbout Jorge A. Uribe
Independent director of General Mills since 2016 (age 68). Former Global Productivity and Organization Transformation Officer and Latin America Group President at Procter & Gamble, bringing deep global operating, marketing, and efficiency leadership. Currently chairs General Mills’ Public Responsibility Committee and serves on the Compensation & Talent Committee; affirmed independent under NYSE standards.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Procter & Gamble | Global Productivity & Organization Transformation Officer | 2012–2015 | Led efficiency and cost management initiatives globally. |
| Procter & Gamble | Group President, Latin America | 2004–2012 | Multi-country P&L leadership; strengthened international market execution. |
| Procter & Gamble | VP, Marketing & Customer Business Development, Latin America | 2001–2004 | Drove brand-building and customer development strategies. |
| Procter & Gamble | VP, Venezuela & Andean Region | 1999–2001 | Regional leadership and operational oversight. |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Ingredion Incorporated | Director | Not disclosed | Public company directorship. |
| Grupo Argos S.A. | Director | Not disclosed | Public company directorship. |
Board Governance
- Committees: Chair, Public Responsibility; Member, Compensation & Talent.
- Committee meeting cadence FY25: Compensation & Talent – 4 meetings; Public Responsibility – 3 meetings; Board – 8 meetings; all directors attended at least 75% of aggregate meetings; all attended the 2024 Annual Meeting.
- Independence: Board affirmatively determined all non‑employee directors (including Uribe) are independent under NYSE standards.
- Election results (signal of support): 2025 vote “For” 375,858,816; “Against” 6,387,354; “Abstain” 1,093,562; strong re‑election margin.
Fixed Compensation
| Element (FY25) | Amount/Detail |
|---|---|
| Annual retainer (independent directors) | $100,000. |
| Committee chair fee (Public Responsibility) | $20,000 (non‑Audit/Comp chairs). |
| Additional audit committee member fee | $5,000 (not applicable to Uribe in FY25). |
| Retainer payment election | Uribe elected entire retainer in common stock (1,973 shares issued in lieu of cash, valued at closing prices on quarterly payment dates). |
| Total fees earned (Uribe) | $120,000. |
Performance Compensation
| Equity Element | Grant detail | Vesting | Value |
|---|---|---|---|
| RSUs (annual for directors upon re‑election) | 2,441 RSUs granted Sep 24, 2024 | Generally vest at next Annual Meeting | Grant date fair value $180,073 (at $73.77/share). |
| Dividends on RSUs | Dividend equivalents accrue; paid only if RSUs vest | As above | Policy disclosure. |
| Performance linkage | Director equity is time‑based RSUs (no director‑level performance metrics) | N/A | Program description. |
Other Directorships & Interlocks
| Company | Relationship to GIS | Potential Interlock Consideration |
|---|---|---|
| Ingredion Incorporated | Ingredient supplier industry adjacency to branded food manufacturers | No related‑party transactions disclosed; governance committee reviews any related person transactions. Monitor for supplier adjacency. |
| Grupo Argos S.A. | Diversified industrials/infrastructure | No GIS related‑party transactions disclosed. |
Expertise & Qualifications
| Skill Area | Evidence |
|---|---|
| Senior executive leadership | Multiple P&G senior roles; board biography. |
| Global experience | Led multi‑regional operations in Latin America; lived/worked outside U.S. |
| Marketing/e‑commerce and innovation | P&G marketing and transformation roles; board skills matrix indicates Uribe’s strengths in industry focus, global, marketing, innovation. |
| Governance | Chair of Public Responsibility; member of Compensation & Talent. |
Equity Ownership
| Item | Detail |
|---|---|
| Total beneficial ownership (common shares) | 32,684 shares (includes shares held in individual trust where Uribe is trustee). |
| Ownership as % of shares outstanding | Less than 1% (“*” in table). |
| Unvested RSUs at FY25 year‑end | 2,441 RSUs. |
| Options | None reported for Uribe. |
| Pledging/Hedging | Prohibited for directors; company policy bans hedging/pledging. |
| Stock ownership guideline (directors) | 5× annual cash retainer; as of Jul 31, 2025, all independent directors met/exceeded (except a 2024 new joiner; Uribe met). |
Governance Assessment
- Board effectiveness: Uribe chairs Public Responsibility (oversight of sustainability, food/human safety, public policy) and sits on Compensation & Talent (exec pay oversight), indicating strong engagement in stakeholder and pay governance. Committee meeting cadence and attendance thresholds were met at board level.
- Alignment & incentives: Uribe took his entire retainer in stock and receives annual RSUs, aligning director compensation with shareholder outcomes; meets director stock ownership guideline; hedging/pledging prohibited.
- Investor confidence signals: Strong re‑election margins for Uribe in 2025; say‑on‑pay approvals were high in 2025 and 2024, suggesting broad support for governance and pay programs.
- Conflicts/related party: No related‑party transactions disclosed involving Uribe; governance committee reviews and must approve any such transactions. Ingredion board service creates supplier‑adjacency; continue monitoring for transactions or recusal disclosures.
- Shareholder engagement: Company engaged with holders representing ~56% of outstanding shares and ~65% of institutional ownership in FY25; board (including Public Responsibility oversight) integrated feedback into disclosures, reinforcing stewardship.
RED FLAGS: None disclosed specific to Uribe. No Section 16(a) delinquency reported for him; no pledging/hedging; no related‑party transactions involving Uribe. Continue monitoring supplier‑adjacency (Ingredion) for any transactions/recusals.