ConAgra Foods Announces Sean Connolly as New CEO
February 12 2015 - 4:30PM
Business Wire
Connolly will assume role from Gary Rodkin
in April
ConAgra Foods, Inc. (NYSE: CAG) is announcing today Sean M.
Connolly as its new chief executive officer. Connolly will replace
Gary M. Rodkin, current CEO of ConAgra Foods, effective April
6.
Sean Connolly (Photo: Business Wire)
Connolly, 49, was president and CEO of The Hillshire Brands
Company from the time of its formation as an independent company in
2012 to its sale to Tyson Foods in August 2014. Prior to his
Hillshire Brands leadership, Connolly was chief executive
officer for Sara Lee North American Retail and Foodservice, as
well as president, Campbell Soup North America.
“We are thrilled to have Sean join ConAgra Foods as our new
CEO,” said Steve Goldstone, chairman of ConAgra Foods’ Board of
Directors. “His track record of building brands, energizing teams,
and creating value makes him an ideal fit. We are confident he will
infuse focus and enthusiasm at ConAgra Foods.”
Rodkin announced in August 2014 his impending retirement, which
will take place at the end of ConAgra Foods’ fiscal year, May 31,
2015. From April 6 to his retirement, Rodkin will serve as advisor
to the company.
“The entire board thanks Gary for his leadership of ConAgra
Foods of almost 10 years,” Goldstone continued. “Our company was a
very different place in 2005 when Gary arrived, and we sincerely
appreciate his vision and tenacity in making huge strides in the
company’s portfolio and performance. We expect a smooth transition
from Gary to Sean over the next several months.”
Connolly is an experienced leader in the food industry. Prior to
his roles at Hillshire, Sara Lee and Campbell’s, Connolly managed
numerous brands in the food and beverage division at Procter &
Gamble. He has used his general management, marketing, and
innovation skills to improve business performance across a diverse
range of food and beverage categories and channels of trade, with a
focus on innovation and disciplined execution. Connolly earned his
bachelor’s degree in economics from Vanderbilt University, and his
Master of Business Administration from the University of Texas at
Austin.
Connolly will join ConAgra Foods March 3 as CEO-elect, and will
work with Rodkin on transitioning.
“I’m excited to begin my new role at ConAgra Foods,” said
Connolly. “The company has a unique portfolio and a motivated team.
I’m looking forward to transitioning with Gary, and creating a lot
of value over time.”
ConAgra Foods, Inc., (NYSE: CAG) is one of North America's
largest packaged food companies with branded and private branded
food found in 99 percent of America's households, as well as a
strong commercial foods business serving restaurants and
foodservice operations globally. Consumers can find recognized
brands such as Banquet®, Chef Boyardee®, Egg Beaters®, Healthy
Choice®, Hebrew National®, Hunt's®, Marie Callender's®, Orville
Redenbacher's®, PAM®, Peter Pan®, Reddi-wip®, Slim Jim®, Snack
Pack® and many other ConAgra Foods brands, along with food sold by
ConAgra Foods under private brand labels, in grocery, convenience,
mass merchandise, club and drug stores. Additionally, ConAgra Foods
supplies frozen potato and sweet potato products as well as other
vegetable, spice, bakery and grain products to commercial and
foodservice customers. ConAgra Foods operates ReadySetEat.com, an
interactive recipe website that provides consumers with easy dinner
recipes and more. For more information, please visit us
at www.conagrafoods.com.
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ConAgra Foods, Inc.Media:Teresa Paulsen, 402-240-5210 or
402-290-6713Vice President, Communication & External
RelationsTeresa.paulsen@conagrafoods.comorInvestors:Chris
Klinefelter, 402-240-4154Vice President, Investor
RelationsChris.klinefelter@conagrafoods.comwww.conagrafoods.com
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