Conagra Brands Announces Appointment of John Mulligan and Pietro Satriano to its Board of Directors

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Conagra Brands (NYSE: CAG) announced the immediate appointment of John Mulligan and Pietro Satriano to its board of directors, effective Feb 18, 2026.

The board will increase to 12 members. Mulligan brings retail strategy experience and Satriano brings food industry, transformation and supply chain expertise.

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CHICAGO, Feb. 18, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded food companies, today announced the appointment of John Mulligan and Pietro Satriano to its board of directors, effective immediately.  With these additions, the Conagra Brands board will increase to 12 members.

"We are pleased to welcome John and Pietro to the Conagra Brands board," said Richard H. Lenny, chair, Conagra Brands. "Conagra and its shareholders will benefit from their extensive leadership and corporate governance experience. In addition, John brings relevant expertise navigating retail business challenges and driving strategy, while Pietro provides food industry experience with corporate transformation and supply chain excellence."

John Mulligan said, "It is an exciting time to join Conagra Brands as it focuses on leveraging technology to drive its business and innovation agenda. I look forward to working with the board and management to pursue Conagra's strategy."

Pietro Satriano said, "I am honored to join the board and play a part in Conagra's success.  I look forward to collaborating with my fellow board members and the management team as Conagra continues to focus on innovation and operational transformation."

About John Mulligan
John Mulligan is the former chief operating officer of Target Corporation, a leading U.S. general merchandise retailer, where he served as chief financial officer and in other executive roles in finance, digital, and human resources. Mr. Mulligan also served as a director of McDonald's corporation, a multi-national fast-service restaurant chain, for ten years ending in 2025, serving as chair of its public policy & strategy committee and chair of its audit & finance committee.

About Pietro Satriano
Pietro Satriano is the former chairman of the board and chief executive officer of US Foods Holding Corp., a leading foodservice company, where he started as chief merchandising officer.  He has served in various leadership positions at Loblaw Companies, a leading food retailer, and LoyaltyOne Canada, a provider of marketing services primarily to retailers.  He currently serves on the board of directors of CarMax, Inc., a specialty retailer of automobiles, and Metro, Inc., a Canadian grocery and pharmacy retailer.  He is also a senior lecturer at Harvard Business School and an executive advisor for JMPS Advisory LLC, a business consulting and advisory firm.

About Conagra Brands
Conagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The company's portfolio is continuously evolving to satisfy consumers' ever-changing food preferences. Conagra's brands include Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, Slim Jim®, Angie's® BOOMCHICKAPOP®, and many more. As a corporate citizen, we aim to do what's right for our business, our employees, our communities and the world. Headquartered in Chicago, Conagra Brands generated fiscal 2025 net sales of nearly $12 billion. For more information, visit www.conagrabrands.com.

For more information, please contact: 
MEDIA: media@conagra.com 
INVESTORS: IR@conagra.com 

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SOURCE Conagra Brands, Inc.

FAQ

Who were appointed to the Conagra Brands board on February 18, 2026 (CAG)?

John Mulligan and Pietro Satriano were appointed to the Conagra Brands board effective Feb 18, 2026. According to the company, both appointments are immediate and expand the board to 12 members.

What expertise do John Mulligan and Pietro Satriano bring to Conagra Brands (CAG)?

John Mulligan brings retail strategy and technology-driven business experience; Pietro Satriano brings food industry, corporate transformation and supply chain expertise. According to the company, their backgrounds are expected to support Conagra's innovation and operational transformation focus.

How will the Conagra Brands board composition change after the Feb 18, 2026 appointments (CAG)?

The board will increase from 10 to 12 members after the appointments effective Feb 18, 2026. According to the company, the additions expand board capacity for governance and strategic oversight.

What did Conagra Brands say about the impact of the new directors on company strategy (CAG)?

Conagra said the new directors will help advance strategy, innovation and operational transformation. According to the company, Mulligan supports retail and technology initiatives while Satriano supports supply chain and transformation efforts.

When did John Mulligan and Pietro Satriano comment on joining Conagra Brands (CAG)?

Both John Mulligan and Pietro Satriano issued statements upon appointment on Feb 18, 2026. According to the company, Mulligan and Satriano expressed enthusiasm for contributing to Conagra's strategy and collaboration with the board and management.