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ConAgra Foods Names Andre Hawaux Chief Financial Officer.

OMAHA, Neb. -- ConAgra Foods, Inc. (NYSE:CAG), one of North America's leading packaged foods companies, today announced that Andre J. Hawaux is joining the company as executive vice president and chief financial officer on Nov. 13.

Hawaux, 45, joins ConAgra Foods after 25 years of experience with PepsiCo and its bottlers, including serving as chief financial officer for Pepsi North America. His experience includes field, corporate and general management positions. He currently is the general manager of one of the major US business units of Pepsi Americas, Inc. (NYSE:PAS)

"Andre worked with me at PepsiCo, and I have complete confidence in his ability to make a huge contribution at ConAgra Foods," said Gary Rodkin, chief executive officer, ConAgra Foods. "He brings leadership, strong consumer products experience and outstanding financial skills, which will help ConAgra Foods achieve our long-term business objectives. We are very excited to have him join us. "

Hawaux assumes the CFO role from John Gehring, who was named acting CFO last week. As announced Oct. 3, Gehring replaced Frank Sklarsky, who is joining Eastman Kodak. Gehring will return to his role as senior vice president and controller for ConAgra Foods.

A certified public accountant, Hawaux holds a bachelor's degree in accounting from Pace University and an MBA from Southern New Hampshire University.

ConAgra Foods Inc. (NYSE:CAG) is one of North America's largest packaged food companies, serving grocery retailers, as well as restaurants and other foodservice establishments. Popular ConAgra Foods consumer brands include: Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM, Reddi-wip, and many others.

Note on Forward-Looking Statements:

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current views and assumptions of future events and financial performance and are subject to uncertainty and changes in circumstances. Readers of this release should understand that these statements are not guarantees of performance or results. Many factors could affect the company's actual financial results and cause them to vary materially from the expectations contained in the forward-looking statements. These factors include, among other things, future economic circumstances, industry conditions, company performance and financial results, availability and prices of raw materials, product pricing, competitive environment and related market conditions, operating efficiencies, access to capital, actions of governments and regulatory factors affecting the company's businesses and other risks described in the company's reports filed with the Securities and Exchange Commission. The company cautions readers not to place undue reliance on any forward-looking statements included in this release, which speak only as of the date made.

For more information, please visit us at www.conagrafoods.com.
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Publication:Business Wire
Date:Oct 12, 2006
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