Conagra appoints John Brase as President and CEO, succeeding Sean Connolly effective June 1, 2026

CONAGRA BRANDS INC.

John Brase, former Smucker COO, named CEO and Board member; effective June 1, 2026.
Sean Connolly departs as CEO and director on May 31, 2026, after 11 years.
Brase receives $1.15M base salary, 150% target bonus, $7.3M annual LTI grant target.
Sign-on package: $200k cash bonus, $4M PBRSUs (cliff vest 3 yr), $2M RSUs (ratable 3 yr).
Relocation benefits up to $500k; double-trigger change-in-control agreement included.

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