Bellring Brands Ceo To Step Down

Credit: Colleen Michaels/Shutterstock.com

Darcy Davenport, nan president and CEO of BellRing Brands, is readying to time off nan US sports-nutrition group.

The news came alongside nan publication of nan company’s first-quarter results for its 2026 financial year.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to scope engaged professionals crossed 36 starring media platforms.

Find retired much

Davenport will measurement down by nan extremity of September aliases erstwhile a caller main executive serviceman is appointed, BellRing Brands said successful a connection coming (3 February).

She will stay successful his position and a personnel of nan committee until nan modulation takes spot and will proceed to activity successful an advisory position. The group said it had started a hunt for its adjacent CEO.

BellRing Brands president Rob Vitale said: “Under Darcy’s leadership, BellRing has built a portfolio of category-leading products, expanded cardinal customer relationships and laid a beardown instauration for semipermanent growth. We admit her continued activity done this modulation and look guardant to moving pinch her successful an advisory capacity to proceed to thief style our strategy.”

Davenport took connected nan CEO domiciled successful 2019, pursuing an eight-year stint astatine Premier Nutrition, which was acquired by Post Holdings successful 2014 into its Active Nutrition division. Post Holdings spun disconnected nan unit, renaming it BellRing Brands successful 2019.

The departing CEO added: “As nan committee conducts its search, I stay focused connected achieving our fiscal 2026 objectives and continuing to execute connected our strategical priorities. The instauration of BellRing is strong, and I look guardant to helping nan Board and nan Company’s caller CEO beforehand toward its adjacent section of growth.”

In nan 3 months ended 31 December, BellRing Brands saw nett income emergence 1% to $537.3 million.

Operating profit dropped astir 32% to $78.5m, attributed to little gross margins, while adjusted EBITDA declined almost 30% to $90.3m.

The group’s first-quarter results besides included a flimsy narrowing of its guidance for net and sales.

For 2026, nan group now expects to execute betwixt $2.41-$2.46 cardinal successful nett income and betwixt 4-6% successful nett income growth. BellRing had antecedently forecast $2.41-$2.49 cardinal successful nett income and 4-8% nett income growth.

It had besides antecedently guided for adjusted EBITDA to beryllium successful nan $425-$455m range. It now expects nan precocious extremity of this scope to beryllium $440m.