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Conagra Brands (CAG) controller to exit; CFO to assume accounting role

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Conagra Brands, Inc. reported that William E. Johnson, Senior Vice President and Corporate Controller, has informed the company of his intention to resign to pursue another opportunity outside the company. He will remain in his current role and continue serving as Conagra’s principal accounting officer until the close of business on October 17, 2025, which is expected to be his separation date.

The company stated that Mr. Johnson’s decision to resign is not due to any disagreement with Conagra on its financial statements, internal control over financial reporting, operations, policies, or practices. Effective as of the separation date, Executive Vice President and Chief Financial Officer David S. Marberger will assume the role of principal accounting officer on an interim basis until a long-term successor is named, and he will not receive additional compensation for these added responsibilities.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 17, 2025

Conagra Brands, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware

1-7275

47-0248710

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

 

 

 

222 W. Merchandise Mart Plaza,

 

 

Suite 1300

 

 

Chicago, Illinois

 

60654

(Address of principal executive offices)

 

(Zip Code)

(312) 549-5000

(Registrants telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

    

Trading

Symbol(s)

    

Name of each exchange on which registered

Common Stock, $5.00 par value

 

CAG

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 17, 2025, William E. Johnson informed Conagra Brands, Inc.  (the “Company”) of his intention to resign his position as Senior Vice President and Corporate Controller to pursue another opportunity outside of the Company.  He will continue to serve in his existing role and as the Company’s principal accounting officer until his departure, which is expected to occur effective upon the close of business on October 17, 2025 (the “Separation Date”). Mr. Johnson’s decision to resign his position is not the result of any disagreements with the Company on any matter relating to its financial statements, internal control over financial reporting, operations, policies, or practices.

David S. Marberger, the Company’s Executive Vice President and Chief Financial Officer, will serve as the Company’s principal accounting officer effective as of the Separation Date until a long-term successor is named. For biographical information with respect to Mr. Marberger, see the information provided under the heading “Information About Our Executive Officers” in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on July 10, 2025, which information is incorporated herein by reference. Mr. Marberger will not receive any additional compensation in respect of such responsibilities.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CONAGRA BRANDS, INC.

By:

/s/ Carey Bartell

Name:

Carey Bartell

Title:

Executive Vice President, General Counsel and Corporate Secretary

Date: September 19, 2025

FAQ

What leadership change did Conagra Brands (CAG) disclose in this 8-K?

Conagra Brands disclosed that Senior Vice President and Corporate Controller William E. Johnson intends to resign. He will serve through October 17, 2025, and continue as principal accounting officer until then, while the company prepares for a transition in its accounting leadership.

When is William E. Johnson expected to leave Conagra Brands (CAG)?

William E. Johnson is expected to depart Conagra Brands effective at the close of business on October 17, 2025. Until that date, he will continue serving as Senior Vice President, Corporate Controller, and the company’s principal accounting officer to support an orderly handover.

Why is Conagra executive William E. Johnson resigning from CAG?

Conagra states that William E. Johnson is resigning to pursue another opportunity outside the company. The company specifically notes that his decision is not due to any disagreement regarding financial statements, internal controls, operations, policies, or practices at Conagra.

Who will serve as principal accounting officer at Conagra Brands (CAG) after the resignation?

Following William E. Johnson’s separation, Conagra’s Executive Vice President and Chief Financial Officer David S. Marberger will serve as the company’s principal accounting officer. He will assume these responsibilities from the separation date and continue in this role until Conagra appoints a long-term successor.

Will Conagra Brands (CAG) pay extra compensation for the interim accounting role?

Conagra Brands states that David S. Marberger, its Executive Vice President and Chief Financial Officer, will not receive any additional compensation for serving as principal accounting officer. He will take on these responsibilities in addition to his existing CFO duties after the separation date.

Did Conagra Brands (CAG) report any disagreements related to the departing executive?

Conagra explicitly notes that William E. Johnson’s decision to resign is not the result of any disagreements with the company. This includes no disagreements over its financial statements, internal control over financial reporting, operations, policies, or practices, according to the company’s disclosure.
Conagra Brands Inc

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