Frank Sklarsky, executive vice president and CFO of ConAgra Foods, has announced his intention to leave the company with the transition to a new CFO to be named at a later date.
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“Frank was recruited to strengthen our worldwide financial controls and our financial management as we consolidated financial reporting systems. He has delivered on that challenge and has helped build strong relationships with the investment community during a critical time for the company,” said Gary Rodkin, president and chief executive officer. “I particularly appreciate Frank’s commitment to a smooth leadership transition and wish him well in his future endeavours.”
“I’m very proud of our accomplishments in strengthening our financial team, our reporting integrity and our relationships with the financial community and rating agencies during my time with ConAgra,” Sklarsky said. “We have built a highly competent team and established improved systems and processes that will greatly assist in a seamless transition.”
ConAgra has commenced a search to identify a suitable successor, the company said.
“As we complete the process of stabilizing our business and turn to driving our future growth, we will be looking for someone with broad consumer products experience to fill Frank’s shoes,” Rodkin said. “As we will discuss on our earnings call on June 28, our fourth-quarter operating performance showed a solid finish and our fiscal 2007 goals remain on track.”
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