Conagra Brands Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Conagra Brands, Inc. on July 29, 2023. The report addresses Item 5.02 regarding the departure of a certain officer and the appointment of a new officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Departure: Robert Wise retired as Senior Vice President, Corporate Controller, effective July 28, 2023.
- Appointment: William Eric Johnson was appointed Senior Vice President, Corporate Controller (principal accounting officer), effective July 29, 2023.
- Reporting Line: Mr. Johnson reports to Executive Vice President and Chief Financial Officer David Marberger.
Management Commentary and Compensation
Mr. Johnson, 41, joined Conagra in September 2019 as Assistant Controller. His prior experience includes roles at Kiewit Corporation and over 12 years at KPMG. The Human Resources Committee determined his compensation for fiscal year 2024, including base salary and incentive plans, consistent with the company's executive compensation framework described in the 2022 proxy statement. The filing confirms no undisclosed arrangements or family relationships exist regarding this appointment.
Investor Verification Checklist
- Verify the effective dates of Robert Wise's retirement and William Eric Johnson's appointment.
- Confirm Mr. Johnson's reporting structure to the Chief Financial Officer.
- Review the 2022 proxy statement for details on the compensation framework applied to Mr. Johnson's new role.
- Note that this filing contains no financial results; refer to the most recent 10-Q or 10-K for financial metrics.