Brase will switch Sean Connolly arsenic president and CEO successful June.
Credit: JHVEPhoto/Shutterstock
Conagra Brands has named erstwhile JM Smucker executive John Brase arsenic its caller president and CEO to switch Sean Connolly.
Brase will measurement into nan roles connected 1 June and will besides return a position connected nan board, according to a connection coming (13 April).
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After much than a decade astatine nan US nutrient group, Connolly will relinquish nan apical spot connected 31 May.
Brase was credited arsenic having much than 35 years of user equipment acquisition and was astir precocious president and main operating agency astatine JM Smucker, overseeing retail, nan world business and foodservice.
The incoming CEO besides spent clip astatine Procter & Gamble, including elder vice president.
“John’s way grounds of driving top- and bottom-line performance, building brands crossed aggregate consumer-packaged equipment categories, leveraging advantaged business systems and starring inclusive, results-driven cultures is exceptional, and we are assured Conagra will thrive nether his leadership,” Richard Lenny, nan independent chair of Conagra’s board, said.
“The determination to name John arsenic Conagra’s adjacent leader follows our thoughtful attack to succession planning, including discussions pinch Sean, and our determination that now is nan correct clip for this activity transition.”
Brase said he plans to build connected Conagra’s “track grounds of driving beardown gross growth, strengthening margins and generating robust rate travel to unlock nan afloat imaginable of its brands and present meaningful worth for consumers and shareholders”.
Lenny acknowledged Connolly’s grounds astatine what was described coming arsenic a “pure-play nutrient company”.
He added: “He has successfully led Conagra done bonzer times successful our manufacture – from nan world pandemic to unprecedented ostentation and proviso concatenation disruptions – by instilling a ‘refuse to lose’ mindset crossed nan company.”
Connolly said: “Our efforts to put successful marque building and innovation, turn standard successful stiff and snacks, sharpen execution and divest non-core assets person created a pure-play, branded level pinch proven spot successful cardinal domains.
“I’m assured that nan Conagra team, nether John’s leadership, will build connected nan instauration we’ve established and will proceed to present worth for consumers, customers and shareholders for years to come.”
Chef Boyardee was one of nan brands fto go by Connolly past year, trading nan shelf-stable pasta business to Hometown Food Company for $600m.
Canadian seafood group High Liner Foods also acquired nan Mrs. Paul’s and Van de Kamp’s brands from Conagra.
Headquartered successful Chicago, Conagra’s unchangeable of brands includes Duncan Hines, Healthy Choice, Marie Callender’s, Slim Jim, and Angie’s Boomchickapop.
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