Reuters says Rodkin will resign a tCAG in the next few months. Reuters says two high-ranking officials condfirmed. CAG has no comment. He has been CEO since 2005. Unofficially reported that CAG has launched hunt for a successor already. Any comment ???? Move not unexpected, imo.
With the company's leadership in transition/chaos (we report, you decide), the company's very low cash flow yield valuation, and potential for breakup (sale of brands, anyone?), CAG seems ver vulnerable to an activist HF.