Conagra Brands Announces Appointment of Thomas W. Dickson To Its Board of Directors
Conagra Brands Board of Directors Also Announces Dividend Payment of $0.20 per Share
CHICAGO, Ill., Dec. 8, 2016 – Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Thomas “Tad” Dickson to its board of directors, effective immediately. With this addition, the Conagra Brands board will consist of 11 members.
“We are very pleased to welcome Tad to the Conagra Brands board,” said Steve Goldstone, chairman, Conagra Brands. “Tad’s extensive executive leadership experience and perspective on the grocery industry make him a tremendous asset to the company and our shareholders.”
Thomas Dickson said, “I’m excited to join the Conagra Brands board of directors and I look forward to working closely with my fellow directors, as well as the management team, as the company embarks on its future as a branded pure-play consumer foods company.”
About Thomas “Tad” Dickson
Mr. Dickson, 61, most recently served as president and chief executive officer of Harris Teeter Supermarkets, Inc., a supermarket chain, from February 1997 until January 2014. During that time, he also served as a director of Harris Teeter, including as chairman from March 2006 until January 2014. Mr. Dickson currently serves as a director of Brixmor Property Group Inc., a publicly traded REIT, and of CST Brands, Inc., a publicly-traded convenience store chain.
The board of directors of Conagra Brands also approved its first dividend since the completion of the spin-off of its Lamb Weston business on November 9, 2016. A dividend payment of $0.20 per share of CAG common stock will be paid on March 1, 2017, to stockholders of record as of the close of business on January 30, 2017.
About Conagra Brands
Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America’s leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company’s portfolio is evolving to satisfy people’s changing food preferences. Conagra’s iconic brands, such as Marie Callender’s®, Reddi-wip®, Hunt’s®, Healthy Choice®, Slim Jim® and Orville Redenbacher's®, as well as emerging brands, including Alexia®, Blake’s® and Frontera®, offer choices for every occasion. With an ongoing commitment to corporate citizenship, Conagra Brands has been named to the Dow Jones Sustainability™ North America Index for six consecutive years. For more information, visit www.conagrabrands.com.