Conagra Brands: Announces Appointment to Board

Chicago / IL. (cag) ConAgra Brands Inc., one of North America’s leading branded food companies, announced the appointment of Thomas «Tad» Dickson to its board of directors, effective immediately. With this addition, the Conagra Brands board will consist of 11 members.

«We are very pleased to welcome Tad to the Conagra Brands board», said Steve Goldstone, chairman, Conagra Brands. «Tad’s extensive executive leadership experience and perspective on the grocery industry make him a tremendous asset to the company and our shareholders».

Thomas Dickson said, «I’m excited to join the Conagra Brands board of directors and I look forward to working closely with my fellow directors, as well as the management team, as the company embarks on its future as a branded pure-play consumer foods company».

Dickson, 61, most recently served as president and chief executive officer of Harris Teeter Supermarkets Inc., a supermarket chain, from February 1997 until January 2014. During that time, he also served as a director of Harris Teeter, including as chairman from March 2006 until January 2014. Dickson currently serves as a director of Brixmor Property Group Inc., a publicly traded REIT, and of CST Brands Inc., a publicly-traded convenience store chain.

Dividend

The board of directors of Conagra Brands also approved its first dividend since the completion of the spin-off of its Lamb Weston business on November 09, 2016. A dividend payment of 0.20 USD per share of CAG common stock will be paid on March 01, 2017, to stockholders of record as of the close of business on January 30, 2017.

bakenet:eu