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ConAgra names activist investor nominees to board

By Reuters July 10, 2015

Reuters — ConAgra Foods said it would add two directors, including a former Nestle executive nominated by Jana Partners, three weeks after the activist investor took a stake in the food processing company and called for changes. ConAgra will appoint former Nestle USA CEO Bradley Alford and former Walgreens Boots Alliance CFO Timothy McLevish to […] Read more

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ConAgra turns to Centerview again for advice on Ralcorp

By Lauren Hirsch, Olivia Oran July 8, 2015

Reuters — ConAgra Foods has hired Centerview Partners to explore a sale of its private label unit Ralcorp, just two years after it acquired the troubled business with advice from the same investment bank, people familiar with the matter said. The maker of Chef Boyardee and Slim Jim snacks, which last month announced it would […] Read more

Crops, Markets

ConAgra Foods to exit struggling private label business

By Anjali Athavaley, Sruthi Ramakrishnan July 2, 2015

Reuters — ConAgra Foods, the maker of Slim Jim beef jerky and Chef Boyardee pasta, said it planned to exit its struggling private label foods business as it seeks to boost profit margins and focus on its faster growing consumer foods segment. ConAgra CEO Sean Connolly, who joined in April, said on the company’s earnings […] Read more

Crops

ConAgra reports better-than-expected profit

By Reuters March 26, 2015

Reuters — ConAgra Foods, the maker of Slim Jim beef jerky and Chef Boyardee pasta, reported a higher-than-expected quarterly profit due to cost cuts and the company raised its full-year earnings forecast. ConAgra, like other processed food companies, has been cutting costs as consumers shift to foods that are perceived as healthier, such as organic […] Read more

Tag Archives conagra — page 3

ConAgra names activist investor nominees to board

ConAgra turns to Centerview again for advice on Ralcorp

ConAgra Foods to exit struggling private label business

ConAgra reports better-than-expected profit

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