Lawrence joined General Mills in 1998 as executive vice president and chief financial officer. He was elected vice chairman of General Mills in May 2006. "Jim has made important strategic contributions to General Mills and enhanced the excellence of our financial organization," said chairman and chief executive officer Steve Sanger. "We thank Jim for his leadership, and we wish him success in his new endeavor."
Mulligan joined General Mills from the Pillsbury Company in 2001. He served as vice president, Financial Operations for the International division until 2004, when he was named vice president, Financial Operations for Operations and Technology. He was appointed vice president and treasurer in January 2006, and was elected senior vice president, Financial Operations earlier this year. Mulligan joined Pillsbury in 1998 following 11 years with PepsiCo, Inc. and YUM! Brands, Inc., where he held various international finance positions.