With the same company being the buyer and seller, volumes and prices are significantly altered at the expense of the Bolivian government and to the benefit of the company. This is going to change.

Oil companies that are in Bolivia will no longer have the freedom to set prices and export volumes. Now, it's the Bolivian government that's going to set them.

We're going to put in place policies for a real recovery.

I think that an effective CEO is a generalist in many ways—one that can represent the company well to the customers, to the investors, to the community. You also have to represent yourself well as a leader at all levels of the organization. One of the things I have learned since my younger days is that everyone in the organization counts.

Continuing to reduce costs and increase efficiencies is an important part of our global strategy to return Kellogg company to strong, steady growth.

I think it's a step in the right direction, in recognizing that the company needs to partake in the import and superior premium category.