Kellogg’s CEO Gary Pilnick faces backlash, suggesting poor families opt for ‘cereal for dinner’ amid rising food prices
Despite being worth nearly $16 million, Pilnick insists cereal is an affordable and trendy choice for struggling families.
Addressing concerns about increased grocery prices, Pilnick remains firm, stating, “CEREAL FOR DINNER IS ON TREND AND AFFORDABLE.”
Critics highlight Kellogg’s expensive products, challenging Pilnick’s out-of-touch perspective on affordable meal options.
CNBC’s host questions Pilnick’s comments, considering the 26% rise in grocery prices since 2020, but the CEO remains unapologetic.
Critics emphasize the harsh reality, with over 13 million U.S. children facing hunger, making Pilnick’s remarks insensitive and disconnected.
Amidst the controversy, Pilnick’s wealth and privilege come under scrutiny, raising questions about his understanding of struggling households.
As Kellogg’s CEO faces public outrage, the broader issue of food insecurity and affordability takes center stage in the ongoing debate.
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He is just promoting his business naw?
Market strategy