Conagra Brands Names John Brase CEO Effective June 1 After Decade
Conagra Brands named John Brase as president and CEO effective June 1, replacing Sean Connolly after a decade at the company. Brase brings 35 years of leadership at JM Smucker and Procter & Gamble to drive revenue growth, margin expansion and cash flow.
1. Leadership Transition
Conagra Brands announced that John Brase will assume the roles of president and chief executive officer on June 1 and will join the board, succeeding Sean Connolly who will step down on May 31 after more than a decade at the helm.
2. Brase's Consumer-Goods Background
Brase brings 35 years of consumer goods leadership to Conagra, most recently serving as president and chief operating officer at JM Smucker overseeing retail, international business and foodservice, and previously held senior vice president roles at Procter & Gamble.
3. Connolly's Decade-Long Legacy
Sean Connolly led Conagra through the global pandemic, inflationary pressures and supply chain disruptions, executing a strategy focused on brand building, innovation, scale in frozen and snacks, and divesting non-core assets such as Chef Boyardee for $600 million.
4. Strategic Outlook Under New CEO
Brase plans to build on Conagra’s track record of revenue growth, margin strengthening and robust cash flow generation to unlock full brand potential and deliver value for consumers and shareholders.