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ConAgra Foods Names David Marberger Chief Financial Officer

CHICAGO--(BUSINESS WIRE)--ConAgra Foods, Inc. (NYSE: CAG) today announced that David Marberger has been appointed executive vice president and chief financial officer, effective August 29, 2016. Marberger will report to Sean Connolly, president and chief executive officer of ConAgra Foods, Inc., and will succeed John Gehring, who previously announced his plans to retire from the company. Gehring will remain with the company until the end of September to assist with Marberger’s transition.

“Dave’s breadth of experience and demonstrated track record of delivering improved business performance will be tremendous assets to ConAgra Foods. We look forward to benefiting from his insights and expertise as we continue our efforts to turn ConAgra Foods into a focused, higher-margin, more contemporary and higher-performing company.”

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Marberger brings more than 30 years of finance and leadership experience to ConAgra Foods, including significant consumer packaged goods expertise. Currently, he serves as chief financial officer at Prestige Brands (NYSE: PBH), a provider of over-the-counter healthcare products with a portfolio of...