Conagra's New CEO Announces Bold Actions for Company Turnaround
John Brase, the new CEO of Conagra Brands (CAG), is implementing bold strategies to simplify its complex portfolio and revitalize growth in snacking and frozen food categories. The company announced a 50% dividend cut, increased investment in brands and supply chain, and potential divestitures as part of these changes.
Topics: corporate strategy dividend cut leadership change portfolio simplification