{"success":true,"data":{"pressRelease":{"id":"100219","rtpr_id":"nPn9j2zXFa","ticker":"CAG","exchange":"NYSE","all_tickers":["CAG"],"title":"Conagra Brands Provides Senior Leadership Update","author":"PR Newswire","published_at":"2026-07-28T11:30:00.212Z","article_body":"Conagra Brands Provides Senior Leadership Update\n\nPR Newswire\n\nCHICAGO, July 28, 2026\n\nBusiness unit leaders, Noelle O'Mara (Refrigerated and Frozen) and Jill Dexter\n(Grocery & Snacks), to report directly to CEO John Brase; Burke Raine to\nbecome chief growth officer, also reporting to Brase.\n\nTom McGough, executive vice president and chief operating officer, to retire\neffective September 2026 after nearly two decades with Conagra Brands\n\nCHICAGO, July 28, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today\nannounced changes which will streamline the Company's structure. Noelle\nO'Mara, executive vice president and president of Refrigerated and Frozen and\nJill Dexter, executive vice president and president of Grocery and Snacks,\nwill report directly to president and chief executive officer John Brase.\nBurke Raine will assume the role of executive vice president and chief growth\nofficer where he will oversee Foodservice, International and the Company's\nR&D efforts in addition to leading growth initiatives across the\norganization. Tom McGough, executive vice president and chief operating\nofficer, will retire effective September 4, 2026 after nearly two decades of\nservice. Upon his retirement, the COO role will be eliminated.\n\n\"Being close to our customers and the consumer is vital as we simplify Conagra\nand position the Company for profitable growth,\" said Brase. \"Noelle, Jill,\nand Burke are outstanding leaders and the opportunity to work directly with\nthem will enable us to improve efficiency as we execute our strategy.\"\n\nBrase continued, \"On behalf of the Board and all of us at Conagra, I want to\nthank Tom for his many contributions to this company over nearly two decades.\nHe has been particularly helpful to me as I immerse myself in the business and\nI look forward to benefitting from his expertise until he begins his\nwell-deserved retirement in the fall.\"\n\n\"Conagra has extraordinary brands, incredible people, and a lot of runway\nahead,\" said McGough. \"John has a clear vision for where this company is\ngoing, and I have every confidence that the team will help him get there. I am\nproud of what we have built together and look forward to a smooth transition\nin the months ahead.\"\n\nAbout Conagra Brands\nConagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded\nfood companies. We combine a 100-year history of making quality food with\nagility and a relentless focus on collaboration and innovation. The company's\nportfolio is continuously evolving to satisfy consumers' ever-changing food\npreferences. Conagra's brands include Birds Eye®, Duncan Hines®, Healthy\nChoice®, Marie Callender's®, Reddi-wip®, Slim Jim®, Angie's®\nBOOMCHICKAPOP®, and many more. As a corporate citizen, we aim to do what's\nright for our business, our employees, our communities and the world.\nHeadquartered in Chicago, Conagra Brands generated fiscal 2026 net sales of\nover $11 billion. For more information, visit www.conagrabrands.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4739956-1&h=395405169&u=https%3A%2F%2Fwww.conagrabrands.com%2F&a=www.conagrabrands.com)\n.\n\nFor more information, please contact:\nMEDIA: media@conagra.com (mailto:media@conagra.com)\nINVESTORS: IR@conagra.com (mailto:IR@conagra.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/conagra-brands-provides-senior-leadership-update-302835729.html\n(https://www.prnewswire.com/news-releases/conagra-brands-provides-senior-leadership-update-302835729.html)\n\nSOURCE Conagra Brands, Inc.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS762507/CB-Logo-CMYK-Texture-Logo.jpg?id=OA2796511\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn9j2zXFa","title":"Conagra Brands Provides Senior Leadership Update","author":"PR Newswire","ticker":"CAG","created":"2026-07-28T11:30:00.212Z","tickers":["CAG"],"exchange":"NYSE","article_body":"Conagra Brands Provides Senior Leadership Update\n\nPR Newswire\n\nCHICAGO, July 28, 2026\n\nBusiness unit leaders, Noelle O'Mara (Refrigerated and Frozen) and Jill Dexter\n(Grocery & Snacks), to report directly to CEO John Brase; Burke Raine to\nbecome chief growth officer, also reporting to Brase.\n\nTom McGough, executive vice president and chief operating officer, to retire\neffective September 2026 after nearly two decades with Conagra Brands\n\nCHICAGO, July 28, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today\nannounced changes which will streamline the Company's structure. Noelle\nO'Mara, executive vice president and president of Refrigerated and Frozen and\nJill Dexter, executive vice president and president of Grocery and Snacks,\nwill report directly to president and chief executive officer John Brase.\nBurke Raine will assume the role of executive vice president and chief growth\nofficer where he will oversee Foodservice, International and the Company's\nR&D efforts in addition to leading growth initiatives across the\norganization. Tom McGough, executive vice president and chief operating\nofficer, will retire effective September 4, 2026 after nearly two decades of\nservice. Upon his retirement, the COO role will be eliminated.\n\n\"Being close to our customers and the consumer is vital as we simplify Conagra\nand position the Company for profitable growth,\" said Brase. \"Noelle, Jill,\nand Burke are outstanding leaders and the opportunity to work directly with\nthem will enable us to improve efficiency as we execute our strategy.\"\n\nBrase continued, \"On behalf of the Board and all of us at Conagra, I want to\nthank Tom for his many contributions to this company over nearly two decades.\nHe has been particularly helpful to me as I immerse myself in the business and\nI look forward to benefitting from his expertise until he begins his\nwell-deserved retirement in the fall.\"\n\n\"Conagra has extraordinary brands, incredible people, and a lot of runway\nahead,\" said McGough. \"John has a clear vision for where this company is\ngoing, and I have every confidence that the team will help him get there. I am\nproud of what we have built together and look forward to a smooth transition\nin the months ahead.\"\n\nAbout Conagra Brands\nConagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded\nfood companies. We combine a 100-year history of making quality food with\nagility and a relentless focus on collaboration and innovation. The company's\nportfolio is continuously evolving to satisfy consumers' ever-changing food\npreferences. Conagra's brands include Birds Eye®, Duncan Hines®, Healthy\nChoice®, Marie Callender's®, Reddi-wip®, Slim Jim®, Angie's®\nBOOMCHICKAPOP®, and many more. As a corporate citizen, we aim to do what's\nright for our business, our employees, our communities and the world.\nHeadquartered in Chicago, Conagra Brands generated fiscal 2026 net sales of\nover $11 billion. For more information, visit www.conagrabrands.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4739956-1&h=395405169&u=https%3A%2F%2Fwww.conagrabrands.com%2F&a=www.conagrabrands.com)\n.\n\nFor more information, please contact:\nMEDIA: media@conagra.com (mailto:media@conagra.com)\nINVESTORS: IR@conagra.com (mailto:IR@conagra.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/conagra-brands-provides-senior-leadership-update-302835729.html\n(https://www.prnewswire.com/news-releases/conagra-brands-provides-senior-leadership-update-302835729.html)\n\nSOURCE Conagra Brands, Inc.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS762507/CB-Logo-CMYK-Texture-Logo.jpg?id=OA2796511\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-28T11:30:00.365518554Z","server_sent_at_ms":1785238200365},"received_at":"2026-07-28T11:30:00.543Z","source_url":"https://www.prnewswire.com/news-releases/conagra-brands-provides-senior-leadership-update-302835729.html"},"analysis":{"id":"89255","press_release_id":"100219","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":["COO role eliminated, increasing direct reporting load on CEO"],"eventType":"executive_change","narrative":"Conagra Brands is streamlining its organizational structure by eliminating the Chief Operating Officer role, with current COO Tom McGough set to retire in September after nearly two decades with the company.\n\nPresident and CEO John Brase will assume direct oversight of the company's two largest business units, Refrigerated and Frozen and Grocery & Snacks, to drive closer alignment with consumers.\n\nAdditionally, Burke Raine has been named executive vice president and chief growth officer, assuming leadership of Foodservice, International, and R&D.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Conagra flattens org structure, eliminates COO role, and consolidates reporting under CEO."},"keyFigures":{"customDimensions":{"fiscal_2026_net_sales":"over $11 billion"}},"quotedText":"Being close to our customers and the consumer is vital as we simplify Conagra and position the Company for profitable growth","namedEntities":{"people":[{"name":"John Brase","role":"President and CEO"},{"name":"Tom McGough","role":"Executive Vice President and COO (retiring)"},{"name":"Noelle O'Mara","role":"Executive Vice President and President, Refrigerated and Frozen"},{"name":"Jill Dexter","role":"Executive Vice President and President, Grocery & Snacks"},{"name":"Burke Raine","role":"Executive Vice President and Chief Growth Officer"}],"products":["Birds Eye","Duncan Hines","Healthy Choice","Marie Callender's","Reddi-wip","Slim Jim","Angie's BOOMCHICKAPOP"],"companies":[{"name":"Conagra Brands, Inc.","ticker":"CAG"}],"dollarAmounts":[{"amount":"$11 billion","context":"fiscal 2026 net sales"}]},"materialImpact":{"score":3,"reasoning":"Elimination of the C-suite COO role represents a significant governance restructuring and flattening of the organization. The departure of a nearly two-decade veteran adds experience loss, balanced by the strategic intent to improve efficiency."},"tickerRelevance":{"others":[],"primary":"CAG"},"globalImportance":30,"audienceRelevance":35,"eventTypeSecondary":["restructuring"],"importanceComponents":{"brandRecog":"high","tickerTier":"mid-cap","eventGravity":"executive_restructuring"}},"event_type":"executive_change","event_type_secondary":["restructuring"],"sentiment":"neutral","material_impact_score":3,"narrative":"Conagra Brands is streamlining its organizational structure by eliminating the Chief Operating Officer role, with current COO Tom McGough set to retire in September after nearly two decades with the company.\n\nPresident and CEO John Brase will assume direct oversight of the company's two largest business units, Refrigerated and Frozen and Grocery & Snacks, to drive closer alignment with consumers.\n\nAdditionally, Burke Raine has been named executive vice president and chief growth officer, assuming leadership of Foodservice, International, and R&D.","key_figures":{"customDimensions":{"fiscal_2026_net_sales":"over $11 billion"}},"named_entities":{"people":[{"name":"John Brase","role":"President and CEO"},{"name":"Tom McGough","role":"Executive Vice President and COO (retiring)"},{"name":"Noelle O'Mara","role":"Executive Vice President and President, Refrigerated and Frozen"},{"name":"Jill Dexter","role":"Executive Vice President and President, Grocery & Snacks"},{"name":"Burke Raine","role":"Executive Vice President and Chief Growth Officer"}],"products":["Birds Eye","Duncan Hines","Healthy Choice","Marie Callender's","Reddi-wip","Slim Jim","Angie's BOOMCHICKAPOP"],"companies":[{"name":"Conagra Brands, Inc.","ticker":"CAG"}],"dollarAmounts":[{"amount":"$11 billion","context":"fiscal 2026 net sales"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-28T13:44:42.234Z","global_importance":30,"audience_relevance":35,"importance_components":{"brandRecog":"high","tickerTier":"mid-cap","eventGravity":"executive_restructuring"}},"durationMs":196345,"modelName":"glm-4.7"}}