Conagra and Campbell Soup are expected to show some operating profit growth from acquisition synergies.

Snack business performance improves as sales strategy unfolds.

Mick Beekhuizen joins the company from Chobani.

Chris Foley has been with the company for 20 years.

Luca Mignini has transitioned to role of executive VP of strategic iniatives.

McLoughlin previously served as interim president and CEO.

A solid performance in its biscuits and snacks segment is tempered by lukewarm soup results.

Mark Clouse will lead the company during a transitional phase.

Company plans to add two people nominated by Third Point to its board of directors.