Conagra Brands shareholders approved proposed changes to the U.S. packaged food maker's executive compensation program on an advisory basis at the company's annual general meeting on Wednesday, Sept. 23. Proxy adviser ISS had recommended voting against the changes, citing declining financial performance and unclear targets. CEO John Brase's package includes a $1.15 million base salary, an annual incentive target worth 150% of eligible base salary and $7.3 million in annual long-term incentives, split between 60% performance shares and 40% restricted stock units (RSUs). Conagra, whose brands include Hunt's ketchup, Slim Jim meat sticks and Swiss Miss hot cocoa, halved its annual dividend in July and is reviewing non-core assets after issuing a weak profit outlook. The company is expected to report first-quarter results on Sept. 30.