CHICAGO--(BUSINESS WIRE)--Jul. 14, 2016--
ConAgra Foods, Inc. (NYSE: CAG) today announced that David Marberger has
been appointed executive vice president and chief financial officer,
effective August 29, 2016. Marberger will report to Sean Connolly,
president and chief executive officer of ConAgra Foods, Inc., and will
succeed John Gehring, who previously announced his plans to retire from
the company. Gehring will remain with the company until the end of
September to assist with Marberger’s transition.
Marberger brings more than 30 years of finance and leadership experience
to ConAgra Foods, including significant consumer packaged goods
expertise. Currently, he serves as chief financial officer at Prestige
Brands (NYSE: PBH), a provider of over-the-counter healthcare products
with a portfolio of over 80 brands. Prior to joining Prestige Brands,
Marberger served as chief financial officer of Godiva Chocolatier for
seven years, where he was responsible for the finance, accounting,
audit, tax and IT functions in addition to overseeing the company’s
worldwide strategic planning process. At Godiva, Marberger was
instrumental in spearheading efforts to establish the company as a
standalone business under new ownership and delivering significant
improvements in overall performance. Prior to joining Godiva, Marberger
served as chief financial officer at Tasty Baking Company (then NASDAQ
listed) and spent 10 years at Campbell Soup Company, where he held
finance roles with increasing responsibility. He began his career at
PriceWaterhouseCoopers. Marberger holds a M.B.A. from The Wharton
School, University of Pennsylvania, and a B.B.A. from the University of
Massachusetts.
“Dave is a proven leader with relevant industry expertise and
significant experience developing and guiding finance organizations,”
said Connolly. “Dave’s breadth of experience and demonstrated track
record of delivering improved business performance will be tremendous
assets to ConAgra Foods. We look forward to benefiting from his insights
and expertise as we continue our efforts to turn ConAgra Foods into a
focused, higher-margin, more contemporary and higher-performing company.”
Dave Marberger said, “I am honored to join ConAgra Foods at such an
exciting time. I look forward to working closely with Sean and the rest
of the team as we complete the spin-off of Lamb Weston and deliver
enhanced focus and improved performance and shareholder value.”
About ConAgra Foods
ConAgra Foods, Inc. (NYSE: CAG) is one
of North America's leading packaged food companies with recognized
brands such as Marie Callender's®, Healthy Choice®, Slim Jim®, Hebrew
National®, Orville Redenbacher's®, Peter Pan®, Reddi-wip®, PAM®, Snack
Pack®, Banquet®, Chef Boyardee®, Egg Beaters®, Hunt’s® and many
other ConAgra Foods brands found in grocery, convenience, mass
merchandise and club stores. ConAgra Foods also has a strong
business-to-business presence, supplying frozen potato and sweet potato
products as well as other vegetable, spice and grain products to a
variety of well-known restaurants, foodservice operators and commercial
customers. For more information, please visit us at www.conagrafoods.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160714005990/en/
Source: ConAgra Foods, Inc.
ConAgra Foods, Inc.
Media:
Mike Cummins, 312-549-5257
Michael.Cummins@ConAgraFoods.com
or
Investors:
Johan
Nystedt, 312-549-5002
IR@ConAgraFoods.com
