Conagra Brands announced John Brase as its new President and CEO starting June 1, 2026, replacing Sean Connolly who is stepping down after over a decade. Brase brings over 35 years of consumer goods experience, previously leading operations at The J.M. Smucker Co. and Procter & Gamble. The leadership change follows careful succession planning, aiming to continue Conagra's growth and operational excellence. Connolly will assist in the transition and leaves a legacy of brand building and strategic focus that positioned Conagra as a pure-play branded food company.
Conagra Brands announced a quarterly dividend of $0.175 per share, payable on September 2, 2026, to shareholders of record as of July 30, 2026. This dividend reset to an annualized rate of $0.70 per share reflects the company's strategy to balance ca...
Conagra Brands reported a Q4 net loss of $1.6 billion, primarily due to $2 billion in non-cash goodwill and brand impairment charges triggered by a decline in share price. Despite a 3.6% increase in reported net sales, organic sales were flat. The co...
