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Consumer & Retail

Conagra Brands Executive Compensation (FY26)

CAG · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Sean Connolly
Latest say-on-pay support
=
September 23, 2026
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Data as of November 5, 2026Latest filing (8-K): September 28, 2026
15 filings cited on this page
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Published by Velarion Company Intelligence
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335 figures on this page: 325 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Conagra Brands

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Sean Connolly: $13,140,480 → $13,680,675 (4.1% higher)
Say-on-pay support: 88.7% → 50.8% (37.9 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Conagra Brands' chief executive and what were they paid?
Total compensation for Sean Connolly, President and Chief Executive Officer, came to $13,680,675 in fiscal 2026. Connolly's total moved 4.1% higher from the $13,140,480 reported for fiscal 2025.
What was Conagra Brands' say-on-pay result?
The say-on-pay proposal drew 50.8% of votes cast for or against in favor at the meeting held September 23, 2026 for fiscal 2026.
Which companies are in Conagra Brands' peer group?
Companies named in the disclosed peer group include Campbell Soup Company, Church & Dwight Co., Inc., Colgate-Palmolive Company, General Mills, Inc. and Hormel Foods Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sean Connolly
President and Chief Executive Officer
◇—◇—◇—◇◇
David Marberger
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Darren Serrao
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sean Connolly
President and Chief Executive Officer
◇—◇—◇—◇◇
David Marberger
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Thomas McGough
Executive Vice President and Co-Chief Operating Officer
◇—◇—◇—◇◇
Darren Serrao
Executive Vice President and Co-Chief Operating Officer
◇—◇—◇—◇◇
Charisse Brock
Executive Vice President and Chief Human Resources Officer
◇—◇—◇—◇◇
Carey Bartell
Executive Vice President, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Alexandre Eboli
Executive Vice President and Chief Supply Chain Officer
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sean Connolly
President and Chief Executive Officer
◇—◇—◇—◇◇
David Marberger
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Thomas McGough
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Alexandre Eboli
Executive Vice President and Chief Supply Chain & Transformation Officer
◇◇◇—◇—◇◇
Darren Serrao
Executive Vice President and Co-Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sean Connolly
President and Chief Executive Officer
◇—◇—◇—◇◇
Noelle O'Mara
Executive Vice President and President, Refrigerated & Frozen
◇◇◇—◇—◇◇
Dave Marberger
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Thomas McGough
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Alexandre Eboli
Executive Vice President and Chief Supply Chain & Transformation Officer
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sean Connolly
President and Chief Executive Officer
◇—◇—◇—◇◇
David Marberger
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Thomas McGough
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Noelle O'Mara
Executive Vice President and President, Refrigerated & Frozen
◇◇◇—◇—◇◇
Alexandre Eboli
Executive Vice President and Chief Supply Chain & Transformation Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alexandre EboliRSU◇——◇——◇
Alexandre EboliPSU◇—◇—◇—◇
David MarbergerRSU◇——◇——◇
David MarbergerPSU◇—◇—◇—◇
MarbergerPSU◇—◇—◇—◇
MarbergerRSU◇——◇——◇
Noelle O'MaraPSU◇—◇—◇—◇
Noelle O'MaraRSU◇——◇——◇
Sean ConnollyPSU◇—◇—◇—◇
Sean ConnollyRSU◇——◇——◇
Thomas McGoughRSU◇——◇——◇
Thomas McGoughPSU◇—◇—◇—◇
Fiscal 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Sean ConnollyPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Thomas McGoughPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
David MarbergerPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Alexandre EboliPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Noelle O'MaraPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Alexandre Eboli
Executive Vice President and Chief Supply Chain & Transformation Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
David Marberger
Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Noelle O'Mara
Executive Vice President and President, Refrigerated & Frozen · Terms as described in the company’s compensation discussion
Severance cash amount◇
Change-in-control multiple◇
Sean Connolly
President and Chief Executive Officer · Severance agreement
Severance cash amount◇
Thomas McGough
Executive Vice President and Chief Operating Officer · Terms as described in the company’s compensation discussion
Severance base◇
Severance cash amount◇
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard H. Lenny
Board chair
◇◇———◇◇
Melissa Lora
◇◇———◇◇
Ruth Ann Marshall
◇◇———◇◇
Denise A. Paulonis
◇◇———◇◇
Francisco Fraga
◇◇————◇
Thomas "Tony" K. Brown
◇◇————◇
Anil Arora
◇◇————◇
George Dowdie
◇◇————◇
Emanuel "Manny" Chirico
◇◇————◇
Fran Horowitz
◇◇————◇
John J. Mulligan
◇◇———◇◇
Pietro Satriano
◇◇————◇
John P. Brase served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Board meeting fee◇
Committee meeting fee◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Campbell Soup Company CPB
  • Church & Dwight Co., Inc. CHD
  • Colgate-Palmolive Company CL
  • General Mills, Inc. GIS
  • Hormel Foods Corporation HRL
  • Kellanova K
  • Keurig Dr. Pepper Inc. KDP
  • Kimberly-Clark Corporation KMB
  • Lamb Weston Holdings, Inc. LW
  • McCormick & Company, Incorporated MKC
  • Mondelēz International, Inc. MDLZ
  • Newell Brands Inc. NWL
  • Post Holdings Inc. POST
  • The Clorox Company CLX
  • The Hershey Company HSY
  • The J.M. Smucker Company SJM
  • The Kraft Heinz Company KHC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026September 23, 2026=◇◇◇
2025September 17, 2025=◇◇◇
2024September 18, 2024=◇◇◇
2022September 21, 2022=◇◇◇
2021September 15, 2021=◇◇◇
2020September 23, 2020=◇◇◇
2019September 19, 2019=◇◇◇
2018September 21, 2018=◇◇◇
2017September 22, 2017=◇◇◇
2016September 23, 2016=◇◇◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Sean Connolly (President and Chief Executive Officer), FY2026 total compensation $13,680,675 (base salary $1,415,000) [exec_comp, SEC accession 0000023217-26-000037, filed 2026-08-11]

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What this page does not include

Everything above is a fact Conagra Brands disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Conagra Brands sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Conagra Brands recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
335 figures on this page: 325 cited to the filing that reported them, 10 calculated from figures it prints.
325 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000023217-26-000047
  2. 0000023217-26-000037
    Director Compensation · Grants of Plan-Based Awards—Fiscal 2026 · Outstanding Equity Awards at Fiscal Year-End—Fiscal 2026 · Summary Compensation Table—Fiscal 2026
  3. 0000023217-25-000073
  4. 0000023217-25-000054
    Compensation Discussion and Analysis · Summary Compensation Table—Fiscal 2026
  5. 0001558370-24-012964
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001558370-24-011213
    SUMMARY COMPENSATION TABLE—FISCAL 2024 · Summary Compensation Table—Fiscal 2024 · Summary Compensation Table—Fiscal 2026
  7. 0001104659-23-087717
    Summary Compensation Table—Fiscal 2023
  8. 0001193125-22-251382
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001193125-22-216807
    Summary Compensation Table
  10. 0001193125-21-275236
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-20-253521
  12. 0001193125-19-252363
  13. 0001193125-18-284736
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-17-296660
  15. 0001193125-16-723855
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Conagra Brands executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/CAG (accessed 2026).
Short form: data: Velarion

The paid brief for Conagra Brands

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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15 filings cited on this page
Method: intel.velarion.ai/methodology
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Consumer & Retail rankings

Chief executive pay — Consumer & RetailCEO pay ratio — Consumer & RetailSay-on-pay support — Consumer & Retail

Peers Conagra Brands discloses

The companies named in CAG's own disclosed peer group.

Campbell Soup CompanyChurch & Dwight Co., Inc.Colgate-Palmolive CompanyGeneral Mills, Inc.Hormel Foods CorporationKellanovaKeurig Dr. Pepper Inc.Kimberly-Clark CorporationLamb Weston Holdings, Inc.McCormick & Company, IncorporatedMondelēz International, Inc.Newell Brands Inc.Post Holdings Inc.The Clorox CompanyThe Hershey CompanyThe J.M. Smucker CompanyThe Kraft Heinz Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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