StockWatch
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Packaged Foods
Management ChangeMay 5, 2026, 05:07 PM

B&G Foods Announces Departure of Two EVPs; CEO Assumes Interim Roles

AI Summary

B&G Foods announced the departure of two Executive Vice Presidents. Ellen M. Schum, EVP and President of Specialty and Interim President of Meals, mutually agreed to separate, receiving a severance package including $492,272 in salary continuation. Andrew D. Vogel, EVP and President of Spices & Flavor Solutions, also departed, with B&G Foods considering it a voluntary resignation and disputing his claim of termination without cause and entitlement to severance. President and CEO Kenneth C. Keller will assume interim oversight of the Specialty, Meals, and Spices & Flavor Solutions business units.

Key Highlights

  • Ellen M. Schum, EVP and President of Specialty, departed B&G Foods on May 1, 2026.
  • Ms. Schum will receive $492,272 in salary continuation payments for one year.
  • She also receives a $10,000 lump sum for life insurance/disability and $10,000 for career transition services.
  • Andrew D. Vogel, EVP and President of Spices & Flavor Solutions, terminated employment on May 1, 2026.
  • B&G Foods considers Mr. Vogel's departure a voluntary resignation, disputing his claim for severance.
  • Kenneth C. Keller, President and CEO, will assume interim oversight of the Specialty, Meals, and Spices & Flavor Solutions business units.