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Number of employees. 4,900 [1] (2017) Parent. Conagra Brands. (2018–present) Website. pinnaclefoods.com. Pinnacle Foods, Inc., is a packaged foods company headquartered in Parsippany, New Jersey, that specializes in shelf-stable and frozen foods. The company became a subsidiary of Conagra Brands on October 26, 2018.
Pinnacle Foods' market share gains from its well-planned buyouts. Its cost-saving efforts are also yielding well. However, rising costs and sluggish Specialty segment remain woes.
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Mark Clouse. Mark A. Clouse (born July 5, 1968) is an American business executive in the food industry. Since January 22, 2019, he has been the president and CEO of Campbell Soup Company. Prior to that, he was the CEO of Pinnacle Foods from May 2016 through its acquisition by Conagra in late October 2018. He had previously spent two decades at ...
Category. : Pinnacle Foods brands. Articles related to brands marketed by Pinnacle Foods (a subsidiary of Conagra Brands ).
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On June 30, 2014, it was announced that Pinnacle Foods had scrapped its sale to Hillshire Brands, which would allow Hillshire to be acquired by Tyson Foods.Pinnacle would receive a $163 million payment as part of the breakup from Hillshire, and Pinnacle would also receive an expected $25 million in one-time costs connected to the nixed sale.