ST. LOUIS, July  08, 2026  (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (&#34;BellRing&#34;) today announced that Michael Axelrod has been appointed as the company’s next President and Chief Executive Officer,

BRBR

BellRing Brands Appoints Michael Axelrod as Chief Executive Officer

BellRing appoints experienced CPG leader as new CEO to drive growth

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  <section data-block="information">
    <h3>Information</h3>
    <p>ST. LOUIS, July  08, 2026  (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (&amp;#34;BellRing&amp;#34;) today announced that Michael Axelrod has been appointed as the company’s next President and Chief Executive Officer,</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BellRing Brands named Michael Axelrod as its next CEO, effective July 29, 2026, with Darcy Davenport transitioning to an advisory role. Axelrod brings over 30 years in consumer-packaged goods, including leadership at Snak King and TreeHouse Foods, signaling a growth-focused plan for Premier Protein and Dymatize. The change could support BellRing&#039;s continued expansion and potential long-term shareholder value.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BellRing names Michael Axelrod as next CEO, effective July 29, 2026; will join the board.</li><li>Darcy Davenport to retire; advisory role to support transition.</li><li>Axelrod brings 30+ years in consumer-packaged goods leadership, including Snak King.</li><li>Premier Protein and Dymatize form BellRing&#039;s core brands; distribution in 90+ countries.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BellRing Brands, Inc. (BRBR)</strong>: CEO appointment could shift strategy and execution; board-level leadership change.</li><li><strong>TreeHouse Foods, Inc. (THS)</strong>: Axelrod previously held senior roles, signaling strong CP.G. experience relevant to BellRing.</li><li><strong>Kraft Foods (KHC)</strong>: Past leadership experience cited; indicates broad consumer packaged goods exposure.</li><li><strong>Whirlpool Corporation (WHR)</strong>: Early-career exposure noted; underscores manufacturing and consumer product discipline.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Leadership changes can recalibrate growth strategies and investor expectations for consumer brands plays like BRBR.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Leadership change may lift near-term BRBR sentiment.</li><li>Axelrod&#039;s track record suggests potential revenue and margin improvements.</li><li>Investors will scrutinize the new strategy and integration plans for core brands.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Axelrod appointed CEO, effective July 29, 2026.</li><li>Darcy Davenport to retire; will serve in advisory capacity.</li><li>BellRing&#039;s sales exceeded $2.3 billion during growth phase.</li><li>Premier Protein is a leading ready-to-drink protein brand.</li><li>Dymatize is a top hydrolyzed protein powder brand.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Positive leadership change may drive a near-term re-rate as execution strategy becomes clearer.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>ST. LOUIS, July  08, 2026  (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BRBR">BRBR</a>) ("BellRing") today announced that Michael Axelrod has been appointed as the company’s next President and Chief Executive Officer, effective July 29, 2026. He will also be appointed to the Company’s Board of Directors. Darcy Davenport, who announced her intention to retire from the Company earlier this year, will serve in a senior advisory capacity to support a seamless leadership transition and provide strategic support.</p>  <p>Mr. Axelrod is an accomplished executive with more than 30 years of experience in the consumer packaged goods industry, including serving as CEO of several consumer companies. He has a demonstrated track record of driving profitable growth, leading business transformation and creating long-term shareholder value across both entrepreneurial and large-scale consumer businesses. Throughout his career, he has built strong customer partnerships, accelerated innovation, improved operational performance and built high-performing teams. He joins BellRing from Snak King, a leading manufacturer of salty snacks, where he served as CEO. He was previously the CEO of Del Real Foods where he oversaw significant revenue growth, national expansion and operational improvements. Earlier in his career, he held senior leadership roles at Passport Food Group, TreeHouse Foods and Kraft Foods. Prior to his operating leadership roles, he began his career at Boston Consulting Group, where he advised consumer and retail clients.</p>  <p>"We conducted an extensive search and determined that Mike is uniquely qualified to lead BellRing. His record of strategic insight, strong customer relationships and operational excellence will be invaluable as we embark on the next chapter of growth," said Robert V. Vitale, Chairman of the Board of Directors. "On behalf of the Board of Directors, I want to thank Darcy for her many years of dedicated service to BellRing through a significant period of growth to over $2.3 billion in sales. We are grateful for her leadership, her many contributions to BellRing, and her partnership in ensuring a successful transition."</p>  <p>"I am honored to be chosen as the next leader of BellRing," said Mike Axelrod. "Consumer demand for protein remains exceptionally strong. With the #1 ready-to-drink protein brand, deep category expertise and strong retailer relationships, BellRing is well positioned to drive long-term growth through customer focus, innovation and operational rigor. I look forward to partnering with the Board and the team to capitalize on the significant opportunities ahead, further strengthen our market position and deliver long-term value for stakeholders."</p>  <p><strong>About Michael Axelrod</strong></p>  <p>Michael Axelrod most recently served as CEO of Snak King, a leading manufacturer of branded and private label salty snacks. He was previously the CEO of Del Real Foods, where he oversaw significant revenue growth, national expansion and operational improvements. Prior to Del Real Foods, he spent two years as CEO of Passport Food Group and five years at TreeHouse Foods as President, Condiments Division and Chief Operating Officer, Bay Valley Foods. Earlier in his career he held executive roles at Whirlpool Corporation, Kraft Foods, McCain Foods and Pactiv Corporation (acquired by Reynolds Consumer Products). He began his career at Boston Consulting Group leading strategy engagements for consumer and retail clients.</p>  <p>He holds an honors bachelor’s degree from the University of Western Ontario Ivey Business School and a Master of Business Administration from the Northwestern University Kellogg School of Management.</p>  <p><strong>Forward-Looking Statements</strong></p>  <p>Forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, are made in this press release. These forward-looking statements are sometimes identified from the use of forward-looking words such as "believe," "should," "could," "potential," "continue," "expect," "project," "estimate," "predict," "anticipate," "aim," "intend," "plan," "forecast," "target," "is likely," "will," "can," "may" or "would" or the negative of these terms or similar expressions elsewhere in this press release. All forward-looking statements are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors and risks include, but are not limited to, financial, operational and legal risks and uncertainties detailed from time to time in BellRing’s cautionary statements contained in its filings with the Securities and Exchange Commission. These forward-looking statements represent BellRing’s judgment as of the date of this press release. BellRing disclaims, however, any intent or obligation to update these forward-looking statements.</p>  <p><strong>About BellRing Brands, Inc. </strong></p>  <p>BellRing Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BRBR">BRBR</a>) is a dynamic and fast-growing consumer brands business with the purpose of Changing Lives with Good Energy. Focused on growing the proactive wellness category, the company’s brands include <em>Premier Protein</em>, the #1 ready-to-drink protein and proactive wellness brand, and <em>Dymatize</em>, the brand behind the #1 hydrolyzed protein powder. A culture-driven, pure-play company, BellRing Brands believes nutrition is at the core of a healthy world and produces products with best-in-class nutritional profiles and exceptional flavors. Its products are distributed in over 90 countries across club, mass, food, eCommerce, specialty, drug and convenience. To learn more visit <a href="https://www.globenewswire.com/Tracker?data=B0yixj1aT2PnTqLtk07qOhS9dxexwUswU7IRnvKozEMD9Dmvq5ZUjUGrqS89QqItW68YdVYKLsZkQtySpgJ1OzfseU77-6HZiOnleFVReVI=" rel="nofollow" target="_blank">www.bellring.com</a>.</p>  <p><strong>Contact:</strong><br></br>Investor Relations<br></br>Jennifer Meyer<br></br>jennifer.meyer@bellringbrands.com<br></br>(415) 814-9388</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1OTI2NSM3Njk3NjAyIzIxODgzNjQ="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MmJiZmE4MzctZWE4OS00ZmM5LTg0NDUtOTllMGUwYWNiNzA0LTExOTk5MTctMjAyNi0wNy0wOC1lbg==/tiny/BellRing-Brands-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/236614d7-543b-4f03-a0d4-e439bd81f2b9"><img src="https://ml.globenewswire.com/media/236614d7-543b-4f03-a0d4-e439bd81f2b9/small/bellring-brands-logo-png.png" border="0" width="150" height="72" alt="Primary Logo"></img></a></p>

BellRing Brands named Michael Axelrod as its next CEO, effective July 29, 2026, with Darcy Davenport transitioning to an advisory role. Axelrod brings over 30 years in consumer-packaged goods, including leadership at Snak King and TreeHouse Foods, signaling a growth-focused plan for Premier Protein and Dymatize. The change could support BellRing's continued expansion and potential long-term shareholder value.

BellRing Brands Appoints Michael Axelrod as Chief Executive Officer

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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