Management ChangeApr 13, 2026, 07:41 AM
Conagra Brands Appoints John Brase as President and CEO
AI Summary
Conagra Brands Inc. announced the appointment of John Brase as its new President and Chief Executive Officer, effective June 1, 2026. Mr. Brase will also join the Board of Directors and the Executive Committee. He brings extensive experience from The J.M. Smucker Company and The Procter & Gamble Company, having served as President and COO at J.M. Smucker. His compensation package includes a $1.15 million base salary and significant incentive opportunities.
Key Highlights
- John Brase appointed President and CEO, effective June 1, 2026.
- Mr. Brase will receive an annual base salary of $1.15 million for fiscal year 2027.
- Eligible for an annual cash bonus target of 150% of base salary.
- Annual equity grant value target of $7 million.