![Portrait of Ken Powell, General Mills CEO Wednesday December 2, 2015 in Golden Valley , MN.] . Jerry Holt /Jerry.Holt@Startribune.com](https://arc.stimg.co/startribunemedia/X6EDGRVBHMLZAJKV6SVUU5EP7I.jpg?&w=1080)
Total compensation: $14,302,884 for the year ended May 31, 2016
Salary: $1,206,500
Nonequity incentive pay: $2,258,568
Other compensation: $187,903
Exercised stock options: $5,540,625
Value realized on vesting shares: $5,109,288
New stock options: 248,107
Total fiscal 2016 shareholder return: 15.3 percent
Note: Powell has been CEO of the Golden Valley-based food company since September 2007. Much of his $14.3 million in compensation was from previously issued long-term equity awards, including options he exercised during the year and restricted stock that vested.
The company largely met or exceeded its annual performance goals for organic sales growth, profitability and capital improvement after it accounted for a number of strategic acquisitions and dispositions, including the $765 million sale of the North American Green Giant vegetable business in September.
As a result, Powell and other executives earned a greater-than-targeted annual bonus. Powell's bonus for the year of $2.3 million was a 34-percent increase over the previous year.
The school is changing an elective course while still working with the Eden Prairie-based health care giant after students raised concerns.
