Kellogg Names Operating Chief

Kellogg (K Quote) named David Mackay to the newly created position of president and chief operating officer, where he will be responsible for both the company's domestic and international divisions.

"This is a natural organizational move that comes at a time when our business is performing very well," Kellogg Chairman and Chief Executive Carlos Gutierrez said in a statement released Friday.

Mackay was previously an executive vice president of Kellogg and president of Kellogg USA. He will report directly to Gutierrez.

Kellogg also announced that Janet Kelly, its executive vice president of corporate development and administration, general counsel and secretary, has decided to leave the company. She will be succeeded by Gary Pilnick, currently vice president and deputy general counsel.

Shares of Kellogg were recently down 15 cents, or 0.5%, to $33.14.