CHICAGO, April 13, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE:CAG), today announced that John Brase has been named President and Chief Executive Officer of the Company, effective June 1, 2026. Brase will also join

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">CHICAGO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 13, 2026</span> /PRNewswire/ -- Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CAG">CAG</a>), today announced that John Brase has been named President and Chief Executive Officer of the Company, effective June 1, 2026. Brase will also join Conagra&#39;s Board of Directors. He succeeds Sean Connolly, who will step away from his leadership roles and from the Board on May 31, 2026, after more than a decade of leadership.</p>
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<p xmlns="http://www.w3.org/1999/xhtml">Brase brings more than 35 years of consumer goods experience, with deep expertise in strategic portfolio management, brand building and driving operational excellence to deliver profitable growth. Most recently, he served as President and Chief Operating Officer of The J.M. Smucker Co., where he oversaw the company&#39;s U.S. retail, international and Away from Home businesses, as well as its sales, operations and supply chain functions. During his tenure at Smucker, he sharpened strategic and operational execution, drove growth in key brands and led significant productivity improvements. Prior to that, Brase spent approximately 30 years at Procter &amp; <span xmlns="http://www.w3.org/1999/xhtml">Gamble</span> (P&amp;G), ultimately becoming Senior Vice President and General Manager of P&amp;G&#39;s $6 billion North America Family Care business. During his P&amp;G career, he drove profitable growth across major brands, including Charmin, Bounty, Puffs and Pampers, consistently delivering market share leadership and margin expansion.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;John&#39;s track record of driving top- and bottom-line performance, building brands across multiple consumer-packaged goods categories, leveraging advantaged business systems and leading inclusive, results-driven cultures is exceptional, and we are confident Conagra will thrive under his leadership,&#34; said Richard H. Lenny, Independent Chair of Conagra&#39;s Board of Directors. &#34;The decision to appoint John as Conagra&#39;s next leader follows our thoughtful approach to succession planning, including discussions with Sean, and our determination that now is the right time for this leadership transition.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Lenny continued, &#34;From the moment Sean became Conagra&#39;s CEO eleven years ago, he has worked tirelessly to create and lead a pure-play food company. His ability to unlock value in Conagra&#39;s brands, streamline the Company&#39;s structure and motivate his team has been exceptional. He has successfully led Conagra through extraordinary times in our industry—from the global pandemic, to unprecedented inflation and supply chain disruptions—by instilling a &#39;refuse to lose&#39; mindset across the Company. As a Director, Sean played a key role in the addition of eight independent Directors to the Board. We thank Sean for all that he accomplished for Conagra&#39;s investors, customers and employees and wish him continued future success. We are confident in the road ahead for Conagra, and I look forward to working with both Sean and John in the coming weeks to ensure a smooth transition.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;It&#39;s an honor to join Conagra and lead this portfolio of iconic brands,&#34; said Brase. &#34;I&#39;ve long admired what Sean and the team have built, and I look forward to accelerating the Company&#39;s track record of driving strong revenue growth, strengthening margins and generating robust cash flow to unlock the full potential of its brands and deliver meaningful value for consumers and shareholders. I am excited to work closely with Rick, the Board, and the entire Conagra team as we build on this strong foundation and advance the Company&#39;s top- and bottom-line performance for all our stakeholders.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;I&#39;m proud of what we&#39;ve accomplished throughout my tenure at Conagra,&#34; said Connolly. &#34;Our efforts to invest in brand building and innovation, grow scale in frozen and snacks, sharpen execution and divest non-core assets have created a pure-play, branded platform with proven strength in key domains. As I prepare to step aside, I look forward to working with John to ensure a smooth transition. I&#39;m confident that the Conagra team, under John&#39;s leadership, will build on the foundation we&#39;ve established and will continue to deliver value for consumers, customers and shareholders for years to come.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Conagra Brands</b></p><p xmlns="http://www.w3.org/1999/xhtml">Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CAG">CAG</a>), is one of North America&#39;s leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The company&#39;s portfolio is continuously evolving to satisfy consumers&#39; ever-changing food preferences. Conagra&#39;s brands include Birds Eye&#xAE;, Duncan Hines&#xAE;, Healthy Choice&#xAE;, Marie Callender&#39;s&#xAE;, Reddi-wip&#xAE;, Slim Jim&#xAE;, Angie&#39;s&#xAE; BOOMCHICKAPOP&#xAE;, and many more. As a corporate citizen, we aim to do what&#39;s right for our business, our employees, our communities and the world.</p><p xmlns="http://www.w3.org/1999/xhtml">Headquartered in Chicago, Conagra Brands generated fiscal 2025 net sales of nearly $12 billion. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4662319-1&amp;h=1559902671&amp;u=https%3A%2F%2Fwww.conagrabrands.com&amp;a=www.conagrabrands.com" target="_blank" rel="nofollow">www.conagrabrands.com</a>.  </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=LA32240&amp;sd=2026-04-13"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/conagra-brands-appoints-john-brase-as-president-and-chief-executive-officer-302739936.html" target="_blank">https://www.prnewswire.com/news-releases/conagra-brands-appoints-john-brase-as-president-and-chief-executive-officer-302739936.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Conagra Brands, Inc.</p>

Conagra Brands Appoints John Brase as President and Chief Executive Officer

Conagra Brands Appoints John Brase as New CEO

Conagra ​Brands named ‌John Brase as ​the ​new president and ⁠CEO, effective ​June ​1, 2026, succeed...

Conagra Brands names John Brase as new CEO

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>CHICAGO, April 13, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE:CAG), today announced that John Brase has been named President and Chief Executive Officer of the Company, effective June 1, 2026. Brase will also join</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Conagra Brands has appointed John Brase as their new CEO effective June 1, 2026. Brase, with extensive experience at The J.M. Smucker Co. and Procter &amp; Gamble, aims to enhance revenue growth and margins, signaling potential positive long-term performance for CAG shareholders.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>John Brase named CEO of Conagra effective June 1, 2026.</li><li>Brase previously led operations at J.M. Smucker and Procter &amp; Gamble.</li><li>Sean Connolly, Conagra&#039;s prior CEO, to retire after over a decade.</li><li>Brase aims to drive revenue growth and strengthen margins.</li><li>Conagra generated nearly $12 billion in sales in FY 2025.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Conagra Brands, Inc. (CAG)</strong>: Leadership change may improve operational efficiency and growth strategies.</li><li><strong>J.M. Smucker Co. (SJM)</strong>: Brase’s successful tenure may influence how investors view SJM’s future leadership.</li><li><strong>Procter &amp; Gamble Co. (PG)</strong>: Brase&#039;s experience may bring valuable insights on brand management to CAG.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The announcement fits under Corporate Developments, highlighting a significant leadership change that could reshape company strategy and performance outlook.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Brase&#039;s operational expertise may drive enhanced brand performance and profitability.</li><li>Leadership transition is often critical; positive changes can uplift market sentiment.</li><li>CAG’s new CEO&#039;s focus on growth may lead to strategic investments that improve valuations.</li><li>Continued strong sales growth could provide upward momentum in CAG&#039;s stock price.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>John Brase becomes Conagra&#039;s CEO effective June 1, 2026.</li><li>Prior CEO Sean Connolly to retire on May 31, 2026.</li><li>Brase has over 35 years in consumer goods leadership.</li><li>CAG reported fiscal 2025 net sales of nearly $12 billion.</li><li>Brase&#039;s previous roles include leadership at J.M. Smucker and P&amp;G.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying CAG shares ahead of leadership transition for potential gains in 2026.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">CHICAGO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 13, 2026</span> /PRNewswire/ -- Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CAG">CAG</a>), today announced that John Brase has been named President and Chief Executive Officer of the Company, effective June 1, 2026. Brase will also join Conagra&#39;s Board of Directors. He succeeds Sean Connolly, who will step away from his leadership roles and from the Board on May 31, 2026, after more than a decade of leadership.</p>
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<p xmlns="http://www.w3.org/1999/xhtml">Brase brings more than 35 years of consumer goods experience, with deep expertise in strategic portfolio management, brand building and driving operational excellence to deliver profitable growth. Most recently, he served as President and Chief Operating Officer of The J.M. Smucker Co., where he oversaw the company&#39;s U.S. retail, international and Away from Home businesses, as well as its sales, operations and supply chain functions. During his tenure at Smucker, he sharpened strategic and operational execution, drove growth in key brands and led significant productivity improvements. Prior to that, Brase spent approximately 30 years at Procter &amp; <span xmlns="http://www.w3.org/1999/xhtml">Gamble</span> (P&amp;G), ultimately becoming Senior Vice President and General Manager of P&amp;G&#39;s $6 billion North America Family Care business. During his P&amp;G career, he drove profitable growth across major brands, including Charmin, Bounty, Puffs and Pampers, consistently delivering market share leadership and margin expansion.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;John&#39;s track record of driving top- and bottom-line performance, building brands across multiple consumer-packaged goods categories, leveraging advantaged business systems and leading inclusive, results-driven cultures is exceptional, and we are confident Conagra will thrive under his leadership,&#34; said Richard H. Lenny, Independent Chair of Conagra&#39;s Board of Directors. &#34;The decision to appoint John as Conagra&#39;s next leader follows our thoughtful approach to succession planning, including discussions with Sean, and our determination that now is the right time for this leadership transition.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Lenny continued, &#34;From the moment Sean became Conagra&#39;s CEO eleven years ago, he has worked tirelessly to create and lead a pure-play food company. His ability to unlock value in Conagra&#39;s brands, streamline the Company&#39;s structure and motivate his team has been exceptional. He has successfully led Conagra through extraordinary times in our industry—from the global pandemic, to unprecedented inflation and supply chain disruptions—by instilling a &#39;refuse to lose&#39; mindset across the Company. As a Director, Sean played a key role in the addition of eight independent Directors to the Board. We thank Sean for all that he accomplished for Conagra&#39;s investors, customers and employees and wish him continued future success. We are confident in the road ahead for Conagra, and I look forward to working with both Sean and John in the coming weeks to ensure a smooth transition.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;It&#39;s an honor to join Conagra and lead this portfolio of iconic brands,&#34; said Brase. &#34;I&#39;ve long admired what Sean and the team have built, and I look forward to accelerating the Company&#39;s track record of driving strong revenue growth, strengthening margins and generating robust cash flow to unlock the full potential of its brands and deliver meaningful value for consumers and shareholders. I am excited to work closely with Rick, the Board, and the entire Conagra team as we build on this strong foundation and advance the Company&#39;s top- and bottom-line performance for all our stakeholders.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;I&#39;m proud of what we&#39;ve accomplished throughout my tenure at Conagra,&#34; said Connolly. &#34;Our efforts to invest in brand building and innovation, grow scale in frozen and snacks, sharpen execution and divest non-core assets have created a pure-play, branded platform with proven strength in key domains. As I prepare to step aside, I look forward to working with John to ensure a smooth transition. I&#39;m confident that the Conagra team, under John&#39;s leadership, will build on the foundation we&#39;ve established and will continue to deliver value for consumers, customers and shareholders for years to come.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Conagra Brands</b></p><p xmlns="http://www.w3.org/1999/xhtml">Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CAG">CAG</a>), is one of North America&#39;s leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The company&#39;s portfolio is continuously evolving to satisfy consumers&#39; ever-changing food preferences. Conagra&#39;s brands include Birds Eye&#xAE;, Duncan Hines&#xAE;, Healthy Choice&#xAE;, Marie Callender&#39;s&#xAE;, Reddi-wip&#xAE;, Slim Jim&#xAE;, Angie&#39;s&#xAE; BOOMCHICKAPOP&#xAE;, and many more. As a corporate citizen, we aim to do what&#39;s right for our business, our employees, our communities and the world.</p><p xmlns="http://www.w3.org/1999/xhtml">Headquartered in Chicago, Conagra Brands generated fiscal 2025 net sales of nearly $12 billion. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4662319-1&amp;h=1559902671&amp;u=https%3A%2F%2Fwww.conagrabrands.com&amp;a=www.conagrabrands.com" target="_blank" rel="nofollow">www.conagrabrands.com</a>.  </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=LA32240&amp;sd=2026-04-13"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/conagra-brands-appoints-john-brase-as-president-and-chief-executive-officer-302739936.html" target="_blank">https://www.prnewswire.com/news-releases/conagra-brands-appoints-john-brase-as-president-and-chief-executive-officer-302739936.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Conagra Brands, Inc.</p>

Conagra Brands has appointed John Brase as their new CEO effective June 1, 2026. Brase, with extensive experience at The J.M. Smucker Co. and Procter & Gamble, aims to enhance revenue growth and margins, signaling potential positive long-term performance for CAG shareholders.

Conagra Brands Appoints John Brase as President and Chief Executive Officer

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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