Sector News

ConAgra hires CFO from Prestige Brands

July 18, 2016
Food & Drink

ConAgra Foods Inc, known for its Chef Boyardee pasta and Healthy Choice dinners, named David Marberger of Prestige Brands Holdings Inc as its chief financial officer.

Marberger, who had also worked with Godiva Chocolatier and Tasty Baking Co, succeeds John Gehring.

Gehring, who announced his plan to retire in May, will remain with the company until the end of September and will help with the transition.

Separately, Prestige Brands said in a filing that it named Ronald Lombardi as an interim replacement for Marberger and has started a search for a new CFO.

By Subrat Patnaik

Source: Reuters

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