Conagra Brands (CAG) executive compensation, 2026 proxy

Sean Connolly, President and Chief Executive Officer, was paid $13.7M in fiscal 2026, up 4% from $13.1M the year before. The CEO-to-median-employee pay ratio was 244:1, on median employee pay of $56,163.

Filed
August 11, 2026
Annual meeting
September 23, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$13.7M+4% vs prior year
CEO to median employee
244:1median $56,163
CEO pay in equity
65%$9M in awards
Prior say-on-pay support
89%of votes cast
Brase base salary
$1.15MNew CEO compensation
Brase annual incentives
$7.3MAnnual long-term incentives
Brase performance-linked pay
90%Of total direct compensation
Sign-on PBRSUs
$4.0MTwo-thirds of sign-on equity

How Connolly was paid

$13.7M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards65%Non-equity incentive21%All other compensation4%

Named executive officers

ExecutiveTotal
Sean ConnollyPresident and Chief Executive Officer$13,680,675
Dave MarbergerExecutive Vice President and Chief Financial Officer$4,284,538
Thomas McGoughExecutive Vice President and Chief Operating Officer$4,212,517
Noelle O'MaraExecutive Vice President and President, Refrigerated & Frozen$3,162,576
Alexandre EboliExecutive Vice President and Chief Supply Chain & Transformation Officer$3,114,884

What changed and why

  • $13.7M$13.7 million: Connolly’s fiscal 2026 total compensation, up from $13.1 million in fiscal 2025.
  • $8.96M$8.96 million: Connolly’s fiscal 2026 stock awards, down from $9.27 million previously.
  • $2.83M$2.83 million: Connolly’s fiscal 2026 incentive compensation, up from $1.88 million in fiscal 2025.
  • 150%150%: Brase’s annual incentive target opportunity as a percentage of eligible base salary.
  • $6.0M$6.0 million: Brase’s sign-on equity award, including $4.0 million in performance-based restricted stock units.
  • 88.7%88.7%: Votes cast supporting the fiscal 2025 say-on-pay proposal.

Other Conagra Brands proxy statements

  • 2025 proxy statement

    Sean Connolly paid $13.1M (-45% on the year), pay ratio 203:1.

    Filed Aug 06, 2025

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.