BellRing Brands initiates workforce realignment; Chief Growth Officer departs

BELLRING BRANDS, INC.

Douglas J. Cornille steps down as CGO effective June 24, 2026; will depart by Sept 1, 2026.
Workforce realignment expected to yield annualized pre-tax savings of $10-12M (~$3M non-cash stock comp).
One-time restructuring charges of ~$6M (cash severance) expected in Q3 FY2026.
Savings begin in Q4 FY2026 with the majority anticipated in FY2027.

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