On February 12, 2015, the ConAgra Foods, Inc. announced that the board of directors of the company has appointed Sean Connolly, to become the company's President and Chief Executive Officer, effective as of the later of April 6, 2015 and the date immediately following the date upon which the company's quarterly report on Form 10-Q for the period ended February 22, 2015 is filed with the SEC. Prior to joining the company, from June 2012 to August 2014, Mr. Connolly was President and Chief Executive Officer of The Hillshire Brands company. Mr. Connolly ceased serving as Hillshire's President and Chief Executive Officer in connection with Hillshire's merger with a subsidiary of Tyson Foods, Inc. From January 2012 to June 2012, Mr. Connolly was Executive Vice President of Sara Lee Corporation (the former name of Hillshire) and Chief Executive Officer, Sara Lee North American Retail and Foodservice.

Also with Campbell, Mr. Connolly served as President, Campbell USA from 2008 to 2010, and President, North American Foodservice from 2007 to 2008. Before joining Campbell in 2002, Mr. Connolly served in various marketing and brand management roles at Procter & Gamble for a decade. In August 2014, Gary M. Rodkin, President and Chief Executive Officer of the Company, had informed the company of his intention to retire as President and Chief Executive Officer at the end of the company's fiscal year or following the on-boarding of his successor.