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  • Bush taps Kellogg Co. CEO Gutierrez to head Commerce - Hassett, AEI, possible replacement of Mankiw

    11/29/2004 9:26:29 PM PST · by alessandrofiaschi · 2 replies · 567+ views
    Investors.com ^ | 11/29/2004 | Alessandro Fiaschi
    Bush taps Kellogg Co. CEO Gutierrez to head Commerce Corbett B. Daly WASHINGTON (CBS.MW) -- President Bush announced Monday that Carlos Gutierrez, Kellogg Co.'s chief executive, would replace Don Evans as Commerce Secretary, making the first of what are expected to be many changes in his economic team. "Carlos Gutierrez is one of America's most respected business leaders," Bush said at the official announcement in the Roosevelt Room of the White House. (...) Gutierrez, 51, has been CEO at Battle Creek, Mich.-based Kellogg (K) since April 1999. Kellogg shares fell 51 cents immediately after news broke that the cereal maker...