General Mills shareholders voted against a proposal that would have forced the company to remove genetically modified organisms from its products. The vote was on September 23 at the company's annual shareholders meeting. A tally of the preliminary vote showed more than 97% of shareholders voted against it.
The proposal was submitted by a descendant of one of the General Mills founders, Harriet Crosby, who claims, "we are killing ourselves" with GMOs.
General Mills CEO Ken Powell says the company stands by overwhelming research and studies that show GMOs are safe. He also says he supports a consistent federal labeling notation for non-GMO foods.
This is the third company to side with pro-GMO actions. Monsanto shareholders stopped a GMO labeling proposal in January. Safeway investors shot down a proposal calling for GMO.