leadership
confidence high
sentiment neutral
materiality 0.75
B&G Foods names Robert D. Mills CEO after Casey Keller retires Aug 7
B&G Foods, Inc.
- Casey Keller retired as CEO and director effective Aug 7, 2026, after five years; will assist with transition.
- Keller receives $2,448,516 salary continuation (200% base), COBRA coverage, $10,000 lump sum, and accelerated vesting of 519,396 restricted shares.
- Robert D. Mills appointed President/CEO effective Aug 10, 2026; prior EVP, Chief Technology Officer, Digital and Pet Services at Tractor Supply (TSCO).
- Mills' agreement: $950,000 base salary, $500,000 sign-on bonus (after Mar 31, 2027), 134,408 restricted shares (~$500k), and options for 900,000 shares at $3.40.
- Mills also receives guaranteed FY2026 bonus of $375,000, $25,000 relocation, $4,166/month temp living (3 months); term through Dec 31, 2028.