January 19, 2009

ConAgra Foods, Inc., announced today it has named Andre J. Hawaux, currently executive vice president and chief financial officer, as president, Consumer Foods. In a corresponding move, the company named John F. Gehring, currently senior vice president and controller, as executive vice president and chief financial officer.

Hawaux, 48, joined ConAgra Foods in 2006 as CFO, after 25 years of experience with PepsiCo and its bottlers, including serving as the general manager of one of the major US business units of Pepsi Americas, Inc.

"Andre is a proven operator, and over the past several months, he's shown very strong leadership in improving our execution and analysis within Consumer Foods," said Gary Rodkin, chief executive officer, ConAgra Foods. "I'm very confident in Andre's ability to continue building momentum in Consumer Foods for the finish of this fiscal year and beyond."

As he becomes leader of the company's US$7.5 billion Consumer Foods business, Hawaux will transition CFO responsibilities to John F. Gehring 47, currently senior vice president and controller. Gehring served as interim CFO for ConAgra Foods prior to Hawaux joining the company, and his most recent responsibilities included financial oversight for the company's Commercial Foods business.

"John's integrity, financial acumen and detailed knowledge about our businesses will serve ConAgra Foods well," Rodkin said. "We're fortunate to have John ready to step seamlessly into the CFO role as we leverage Andre's general management effectiveness for sustainable, profitable growth in our Consumer Foods segment."

ConAgra Foods, Inc., is one of North America's leading food companies, with brands in 97 percent of America's households. Consumers find Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM, Peter Pan, Reddi-wip and many ConAgra Foods brands in grocery, convenience, mass merchandiser and club stores. ConAgra Foods also has a strong business-to-business presence, supplying potato, other vegetable, spice and grain products to a variety of well-known restaurants, foodservice operators and commercial customers. For more information, please visit us at www.conagrafoods.com.