US food giant ConAgra Foods has appointed banking executive Rajive Johri to its board of directors.

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Johri is president and director of First National Bank of Omaha and will join the ConAgra board on 1 January. His appointment takes the number of board members to nine.


Yesterday (18 December), ConAgra also announced a dividend payment of US$0.19 per common share to be paid on 2 March to shareholders of record at the close of business on 30 January.


Earlier this week, the company saw its shares jump after posting a rise in underlying quarterly profits and maintaining its full-year earnings outlook.


ConAgra booked a 27.3% jump in income from continuing operations to US$171.4m for the three months to 23 November.

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Second-quarter sales rose 10.6% to $3.26, driven by improved revenue from its commercial foods business.

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