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B&G Foods announced the retirement of President and CEO Kenneth C. “Casey” Keller effective August 7, 2026

BGSB&G Foods, Inc.

B&G Foods announced the retirement of President and CEO Kenneth C. “Casey” Keller effective August 7, 2026. His severance package includes $2,448,516 in salary continuation, one year of COBRA medical coverage, a $10,000 lump sum for life insurance and disability benefits, and the accelerated vesting of 519,396 restricted stock shares. Robert D. Mills, a board member since 2018, was appointed as the new President and CEO effective August 10, 2026. His employment agreement provides a $950,000 annual base salary, a $500,000 sign-on bonus payable in March 2027, a one-time grant of 134,408 restricted stock shares, and stock options for 900,000 shares at an exercise price of $3.40. Mills also receives a guaranteed pro rata bonus of $375,000 for fiscal 2026, relocation assistance, and standard severance benefits. B&G Foods manufactures, sells, and distributes branded shelf-stable and frozen foods.

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