ConAgra Foods Names David Marberger Chief Financial Officer
July 14 2016 - 04:30PM
Business Wire
ConAgra Foods, Inc. (NYSE: CAG) today announced that David
Marberger has been appointed executive vice president and chief
financial officer, effective August 29, 2016. Marberger will report
to Sean Connolly, president and chief executive officer of ConAgra
Foods, Inc., and will succeed John Gehring, who previously
announced his plans to retire from the company. Gehring will remain
with the company until the end of September to assist with
Marberger’s transition.
Marberger brings more than 30 years of finance and leadership
experience to ConAgra Foods, including significant consumer
packaged goods expertise. Currently, he serves as chief financial
officer at Prestige Brands (NYSE: PBH), a provider of
over-the-counter healthcare products with a portfolio of over 80
brands. Prior to joining Prestige Brands, Marberger served as chief
financial officer of Godiva Chocolatier for seven years, where he
was responsible for the finance, accounting, audit, tax and IT
functions in addition to overseeing the company’s worldwide
strategic planning process. At Godiva, Marberger was instrumental
in spearheading efforts to establish the company as a standalone
business under new ownership and delivering significant
improvements in overall performance. Prior to joining Godiva,
Marberger served as chief financial officer at Tasty Baking Company
(then NASDAQ listed) and spent 10 years at Campbell Soup Company,
where he held finance roles with increasing responsibility. He
began his career at PriceWaterhouseCoopers. Marberger holds a
M.B.A. from The Wharton School, University of Pennsylvania, and a
B.B.A. from the University of Massachusetts.
“Dave is a proven leader with relevant industry expertise and
significant experience developing and guiding finance
organizations,” said Connolly. “Dave’s breadth of experience and
demonstrated track record of delivering improved business
performance will be tremendous assets to ConAgra Foods. We look
forward to benefiting from his insights and expertise as we
continue our efforts to turn ConAgra Foods into a focused,
higher-margin, more contemporary and higher-performing
company.”
Dave Marberger said, “I am honored to join ConAgra Foods at such
an exciting time. I look forward to working closely with Sean and
the rest of the team as we complete the spin-off of Lamb Weston and
deliver enhanced focus and improved performance and shareholder
value.”
About ConAgra FoodsConAgra Foods, Inc. (NYSE: CAG) is one
of North America's leading packaged food companies with recognized
brands such as Marie Callender's®, Healthy Choice®, Slim Jim®,
Hebrew National®, Orville Redenbacher's®, Peter Pan®, Reddi-wip®,
PAM®, Snack Pack®, Banquet®, Chef Boyardee®, Egg Beaters®, Hunt’s®
and many other ConAgra Foods brands found in grocery, convenience,
mass merchandise and club stores. ConAgra Foods also has a strong
business-to-business presence, supplying frozen potato and sweet
potato products as well as other vegetable, spice and grain
products to a variety of well-known restaurants, foodservice
operators and commercial customers. For more information, please
visit us at www.conagrafoods.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160714005990/en/
ConAgra Foods, Inc.Media:Mike Cummins,
312-549-5257Michael.Cummins@ConAgraFoods.comorInvestors:Johan
Nystedt, 312-549-5002IR@ConAgraFoods.com
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