Conagra Brands Inc.
Conagra Brands Appoints John Brase as New CEO
Summary
Conagra Brands, Inc. announced on April 13, 2026, the appointment of John Brase as its new President and Chief Executive Officer, effective June 1, 2026. Brase, who previously served as President and Chief Operating Officer of The J.M. Smucker Company, will also join Conagra's Board of Directors. His predecessor, Sean Connolly, will step down from his leadership roles and the Board on May 31, 2026. Brase's compensation includes an annual base salary of $1.15 million, a target annual cash bonus of 150% of his base salary, and an annual equity grant target value of $7.3 million. Connolly is eligible for certain separation benefits under his Letter of Agreement with the Company.
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About Conagra Brands Inc.
Conagra Brands Inc. is a prominent player in the packaged foods industry, focusing on delivering a wide array of frozen, refrigerated, and shelf-stable food products primarily for consumer consumption. The company is renowned for its diverse portfolio of trusted brands that include names like Healthy Choice, Marie Callender's, Banquet, and Slim Jim, which cater to a range of dietary needs and preferences. Through innovative product development and a commitment to quality, Conagra Brands addresses the evolving food trends and consumer demands for convenient meal solutions and snacks. As a significant entity in the consumer staples sector, Conagra Brands plays a critical role in grocery retail and food services markets, maintaining a strong presence across North America. The company's strategic initiatives aim to enhance shareholder value through operational efficiency, brand expansion, and sustainable practices, cementing its market position as a staple in kitchens worldwide. Headquartered in Chicago, Illinois, Conagra Brands continues to adapt and innovate to meet changing consumer lifestyles and preferences.
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