Kellogg's CEO Gary Pilnick has ignited a social media firestorm after claiming that the "cereal for dinner" campaign is "landing very well" with American consumers.
The initiative, which suggests a more affordable dining option for families amid skyrocketing grocery costs in the form of Kellogg's breakfast ceral products, has faced backlash.
In a recent live interview on CNBC's Squawk on the Street, Pilnick promoted cereal for dinner as a cost-effective alternative for families as he addressed the increasing food costs. He argued that "the cereal category has always been affordable" and "a great destination when consumers are under pressure."
Kellogg's, known for cereals like Frosted Flakes, Froot Loops, Corn Flakes and Raisin Bran, proclaims itself an economical choice during financial pressure.
"If you think about the cost of cereal for a family versus what they might otherwise do, that's going to be much more affordable," Pilnick said.
CNBC host Carl Quintanilla questioned Pilnick about his comments. She argued that his suggestions might not sit well with consumers, who have had to spend about 26 percent more on groceries since 2020. But Pilnick doubled down on his comments, claiming that cereal for dinner is a practical and economical choice for consumers under pressure.
"In fact, it's landing really well right now. Cereal for dinner is something that is probably more on trend now, and we would expect it to continue as that consumer is under pressure," Pilnick said.
Kellogg's ridiculed for suggesting people eat cereal for dinner
Not everybody has taken Pilnick's idea lightly. Critics on social media platforms, particularly TikTok, have pointed out the irony of a wealthy CEO advocating for a budget-friendly dinner option while earning a substantial salary.
"Hearing wealthy folks put a marketing spin on poverty is wild," a viewer commented under a clip of the viral interview. Meanwhile, another user reacted: "What the hell kind of dystopian hellscape is this? Give the peasants cereal for dinner!"
One user cynically pointed out the contradiction in a CEO advocating for cereal dinners while earning an annual salary of $1 million with over $4 million in incentives.
"And how do you think consumers became under pressure? It's companies like Kellogg that have used the excuse of inflation in order to price gauge consumers," TikTok user James Li, said.
Furthermore, other users argued that cereal, especially Kellogg's brands, isn't really that cheap. One person explained that contrary to Pilnick's claims that a bowl of cereal with milk and fruit only cost less than a dollar, buying a $10 family-sized cereal box and a $3 carton of milk actually cost as much as frozen lasagna meant to serve the same number of people for dinner. Some also questioned the healthiness of eating cereal, pointing out the high sugar content in certain brands.
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