The Kellogg Company restructuring process, which Boosi referred to as “the spin” of October 2022, removed nearly 30% of the organization and resulted in two separate publicly traded companies: W.K. Kellogg Co. and Kellanova. Kellanova is now a global snacking and international breakfast company, while W.K. Kellogg Co. operates the U.S., Canada and Caribbean cereal business.
“The key part about Kellonova is [we have] differentiated brands, and this is why I love working there. If you don’t have differentiation, then why [and how] do you exist? This is the reason again why I am excited to work here: because these brands already are differentiated and play a role in the category that others can’t,” Boosi said.
Boosi dedicated a good portion of his presentation to guiding and developing the minds of tomorrow’s business leaders with advice:
- If you can’t explain something, it means you don’t understand it.
- Get close to supply chain and sales early in your career.
- Calibrate yourself to your standards, not your peers.
- Be honest with yourself on what sacrifices you are willing to make to advance your career. They can change over time.
- Your career progression will not move as fast as you want it to. Be patient and trust that things are working behind the scenes.
Boosi also noted that one of the most important pieces of advice he can share is to maintain physical health. In today’s fast-paced world, he said, it’s easy to become captivated by work, but he emphasized the importance of slowing down and prioritizing personal well-being. In his free time, Boosi enjoys traveling, exploring “up north” Michigan and pursuing a hobby of collecting coins.
More information on the upcoming 2023–24 Pung Speaker Series, as well as information on past events, is available via the Full-Time MBA program.