Conagra Brands has appointed John Mulligan and Pietro Satriano to its board of directors, effective 18 February 2026.
The move increases the board to 12 members and brings additional retail, foodservice and supply chain experience into one of North America’s largest branded food manufacturers.
The announcement was made from Chicago, where the company is headquartered.
Conagra generated nearly $12 billion in net sales in fiscal 2025 and supplies major supermarket and retail chains across the United States and Canada.
What is Conagra Brands?
Conagra Brands is a US-based packaged food company with a portfolio of frozen, ambient and snack brands sold primarily through supermarkets, mass retailers and foodservice channels.
Its portfolio includes products positioned in value, mainstream and premium grocery segments.
Who Are the New Directors?
John Mulligan is the former chief operating officer of Target Corporation, where he also served as chief financial officer and held executive roles in digital and human resources.
He previously served on the board of McDonald’s Corporation for ten years, chairing both its public policy & strategy committee and its audit & finance committee.
Pietro Satriano is the former chairman and chief executive officer of US Foods Holding Corp., one of North America’s largest foodservice distributors.
He also held senior roles at Loblaw Companies and LoyaltyOne Canada. Satriano currently serves on the boards of CarMax, Inc. and Metro Inc..
Why This Matters for the Grocery Industry
Board appointments at large FMCG suppliers often signal strategic priorities.
Mulligan’s background in retail operations and digital transformation may support closer alignment with supermarket partners navigating cost pressure and shifting shopper behaviour.
Satriano’s experience in food distribution and supply chain management brings added oversight strength at a time when manufacturers continue to manage input volatility and logistics efficiency.
Conagra’s brand portfolio includes Birds Eye, Duncan Hines, Healthy Choice, Marie Callender’s, Reddi-wip, Slim Jim and Angie’s BOOMCHICKAPOP.
The company said the new directors will support its focus on innovation, operational transformation and long-term shareholder value.
With board membership now expanded, Conagra enters the second half of fiscal 2026 with strengthened governance depth across retail, foodservice and consumer packaged goods expertise.
