General Mills CEO Steve Sanger '68 Discusses Low-Carb Trends in CNN/Money Article
March 30, 2004
March 30, 2004, Greencastle, Ind. - An article at the joint Web site of Money magazine and CNN, which is headlined "Low-carb bubble about to burst?," includes comments from a 1968 DePauw University graduate. "'We have our share of the high-calorie indulgent products and they will always be popular because people don't want to diet 24/7,' General Mills CEO Stephen Sanger, told analysts at a food industry conference last month. 'My point is we have lots of brands that can play an important role in a balanced weight regimen.'"
Writer Parija Bhatnagar adds, "Even though the company, which makes Cheerios cereal and Pillsbury chocolate-chip cookies, said the low-carb trend has hurt sales of some products, it's currently developing a doughnut -- and it's not low-carb -- for one of its customers."
You can read the complete story by clicking here. Learn more about Steve Sanger, whose company is in the top 10 of Working Mother magazine's annual list of "100 Best Employers for Working Mothers" and is ranked America's #1 corporate citizen by Business Ethics magazine, here and here.Back