BellRing Brands Announces Leadership Transition Plan

Rhea-AI Summary

BellRing Brands (NYSE:BRBR) announced that President and CEO Darcy Davenport will retire, effective upon appointment of a new CEO or September 30, 2026. Ms. Davenport will remain CEO and board member until the transition and then serve as an advisor to support a smooth leadership handoff. The Board has begun a comprehensive external search for the next CEO.

Positive

• Sales grew from $140M to $2.3B under Darcy Davenport
• CEO will remain through transition and then serve in an advisory role
• Board initiated a comprehensive external search for a new CEO

Negative

• CEO retirement effective upon new hire or Sept 30, 2026
• Leadership transition creates an open CEO position until successor is appointed

Market Reaction

-14.27% $20.91

15m delay 63 alerts

-14.27% Since News

$20.91 Last Price

$20.60 $23.85 Day Range

-$412M Valuation Impact

$2.48B Market Cap

0.8x Rel. Volume

Following this news, BRBR has declined 14.27%, reflecting a significant negative market reaction. Our momentum scanner has triggered 63 alerts so far, indicating high trading interest and price volatility. The stock is currently trading at $20.91. This price movement has removed approximately $412M from the company's valuation.

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ST. LOUIS, Feb. 03, 2026 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (the “Company”) today announced that its President and Chief Executive Officer Darcy Davenport has decided to retire from the Company, effective upon the earlier of the appointment of a new Chief Executive Officer or September 30, 2026, the end of the Company’s fiscal year.

Ms. Davenport will continue to serve as President and Chief Executive Officer and as a member of the Board until the effective date of the transition, after which she will serve in an advisory role to ensure a smooth transition of leadership responsibilities and provide strategic support. The Board has commenced a comprehensive external search to identify the Company’s next CEO.

“On behalf of the BellRing Board, I want to thank Darcy for her leadership and incredible contributions to the Company,” said Robert V. Vitale, Chairman of the Board of Directors. “Darcy started with Premier Nutrition as Vice President, Marketing in 2011 and became the leader of Premier Nutrition Company after Post Holdings acquired it in 2014. Managing the integration of Dymatize and PowerBar into Premier Nutrition, she led sales growth from $140 million to over $2.3 billion and helped create a pure-play company focused on proactive wellness. Under Darcy’s leadership, BellRing has built a portfolio of category-leading products, expanded key customer relationships and laid a strong foundation for long-term growth. We appreciate her continued leadership through this transition and look forward to working with her in an advisory capacity to continue to help shape our strategy.”

Ms. Davenport said, “It has been an honor to lead BellRing and work alongside such a talented team. I am proud of what we have accomplished together, the company culture of good energy that we have created and the roadmap we have established for the future. As the Board conducts its search, I remain focused on achieving our fiscal 2026 objectives and continuing to execute on our strategic priorities. The foundation of BellRing is strong, and I look forward to helping the Board and the Company’s new CEO advance toward its next chapter of growth.”

Forward-Looking Statements

Forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, are made in this press release. These forward-looking statements are sometimes identified from the use of forward-looking words such as “believe,” “should,” “could,” “potential,” “continue,” “expect,” “project,” “estimate,” “predict,” “anticipate,” “aim,” “intend,” “plan,” “forecast,” “target,” “is likely,” “will,” “can,” “may” or “would” or the negative of these terms or similar expressions elsewhere in this press release. All forward-looking statements are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors and risks include, but are not limited to, financial, operational and legal risks and uncertainties detailed from time to time in BellRing’s cautionary statements contained in its filings with the Securities and Exchange Commission. These forward-looking statements represent BellRing’s judgment as of the date of this press release. BellRing disclaims, however, any intent or obligation to update these forward-looking statements.

About BellRing Brands, Inc.

BellRing Brands, Inc. (NYSE: BRBR) is a dynamic and fast-growing consumer brands business with the purpose of Changing Lives with Good Energy. Focused on growing the proactive wellness category, the company’s brands include Premier Protein, the #1 ready-to-drink protein and proactive wellness brand, and Dymatize, the brand behind the #1 hydrolyzed protein powder. A culture-driven, pure-play company, BellRing Brands believes nutrition is at the core of a healthy world and produces products with best-in-class nutritional profiles and exceptional flavors. Its products are distributed in over 90 countries across club, mass, food, eCommerce, specialty, drug and convenience. To learn more visit www.bellring.com.

Contact:
Investor Relations
Jennifer Meyer
jennifer.meyer@bellringbrands.com
(415) 814-9388

FAQ

When will BellRing Brands (BRBR) CEO Darcy Davenport’s retirement take effect?

Her retirement takes effect upon appointment of a new CEO or on September 30, 2026. According to the company, she will continue as CEO and board member until the effective transition date and then serve as an advisor.

Will Darcy Davenport remain involved with BellRing Brands (BRBR) after retirement?

Yes. She will serve in an advisory capacity after stepping down as CEO. According to the company, this role is intended to ensure a smooth transition and provide strategic support to the incoming leadership.

What steps is BellRing Brands (BRBR) taking to find a new CEO?

The Board has launched a comprehensive external search to identify the next CEO. According to the company, the search aims to appoint a successor before September 30, 2026, or the retirement will take effect on that date.

How long will Darcy Davenport remain CEO while the search for BRBR’s next CEO continues?

She will remain President and CEO until the new CEO is appointed or until September 30, 2026. According to the company, she will continue to lead and pursue fiscal 2026 objectives during the transition period.

What leadership achievements did Darcy Davenport accomplish at BellRing Brands (BRBR)?

She led sales growth from $140 million to over $2.3 billion and integrated key brands into the business. According to the company, she expanded customer relationships and helped establish a foundation for long-term growth.