ConAgra Announces New CEO
Sean M. Connolly has been announced as ConAgra Foods new chief executive officer, replacing current CEO Gary M. Rodkin, effective April 6. Rodkin had announced his impending retirement back in August 2014, which will take place at the end of ConAgra Foods' fiscal year, May 31, 2015. From April 6 to his retirement, Rodkin will serve as advisor to the company.
Connolly, 49, was president and CEO of The Hillshire Brands Company from the time of its formation as an independent company in 2012 to its sale to Tyson Foods in August 2014. Prior to Hillshire Brands, Connolly served as CEO for Sara Lee North American Retail and Foodservice, as well as president of Campbell Soup North America.
"We are thrilled to have Sean join ConAgra Foods as our new CEO," said Steve Goldstone, chairman of ConAgra Foods' Board of Directors. "His track record of building brands, energizing teams, and creating value makes him an ideal fit. We are confident he will infuse focus and enthusiasm at ConAgra Foods."
"The entire board thanks Gary for his leadership of ConAgra Foods of almost 10 years," Goldstone continued. "Our company was a very different place in 2005 when Gary arrived, and we sincerely appreciate his vision and tenacity in making huge strides in the company's portfolio and performance. We expect a smooth transition from Gary to Sean over the next several months."
Connolly is an experienced leader in the food industry. Prior to Hillshire, Sara Lee and Campbell's, Connolly managed numerous brands in the food and beverage division at Procter & Gamble. He has used his general management, marketing, and innovation skills to improve business performance across a diverse range of food and beverage categories and channels of trade, with a focus on innovation and disciplined execution.
Connolly will join ConAgra Foods March 3 as CEO-elect, and will work with Rodkin on transitioning. "I'm excited to begin my new role at ConAgra Foods," said Connolly. "The company has a unique portfolio and a motivated team. I'm looking forward to transitioning with Gary, and creating a lot of value over time."
Connolly, 49, was president and CEO of The Hillshire Brands Company from the time of its formation as an independent company in 2012 to its sale to Tyson Foods in August 2014. Prior to Hillshire Brands, Connolly served as CEO for Sara Lee North American Retail and Foodservice, as well as president of Campbell Soup North America.
"We are thrilled to have Sean join ConAgra Foods as our new CEO," said Steve Goldstone, chairman of ConAgra Foods' Board of Directors. "His track record of building brands, energizing teams, and creating value makes him an ideal fit. We are confident he will infuse focus and enthusiasm at ConAgra Foods."
"The entire board thanks Gary for his leadership of ConAgra Foods of almost 10 years," Goldstone continued. "Our company was a very different place in 2005 when Gary arrived, and we sincerely appreciate his vision and tenacity in making huge strides in the company's portfolio and performance. We expect a smooth transition from Gary to Sean over the next several months."
Connolly is an experienced leader in the food industry. Prior to Hillshire, Sara Lee and Campbell's, Connolly managed numerous brands in the food and beverage division at Procter & Gamble. He has used his general management, marketing, and innovation skills to improve business performance across a diverse range of food and beverage categories and channels of trade, with a focus on innovation and disciplined execution.
Connolly will join ConAgra Foods March 3 as CEO-elect, and will work with Rodkin on transitioning. "I'm excited to begin my new role at ConAgra Foods," said Connolly. "The company has a unique portfolio and a motivated team. I'm looking forward to transitioning with Gary, and creating a lot of value over time."