Nomad Foods Announces CEO Transition with Dominic Brisby Succeeding Stefan Descheemaeker

An announcement from Nomad Foods ( (NOMD) ) is now available.

Nomad Foods announced on October 10, 2025, that Stefan Descheemaeker will retire as CEO effective January 1, 2026, with Dominic Brisby set to succeed him. Brisby, who joins from Flora Food Group, will assume the role of Executive President on November 3, 2025, and will join the Board of Directors. Descheemaeker, who has led the company since its founding in 2015, will remain on the Board as a non-executive director. The transition marks a significant leadership change for Nomad Foods, which has seen consistent growth under Descheemaeker’s tenure, positioning the company as a leader in the savory frozen food industry.

The most recent analyst rating on (NOMD) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on Nomad Foods stock, see the NOMD Stock Forecast page.

Spark’s Take on NOMD Stock

According to Spark, TipRanks’ AI Analyst, NOMD is a Neutral.

Nomad Foods’ overall stock score is primarily influenced by its strong valuation, with an attractive P/E ratio and dividend yield. However, the score is tempered by a bearish technical outlook and cautious sentiment from the latest earnings call, which highlighted significant challenges such as lowered guidance and rising inflation. Financial performance remains stable, but the revenue decline poses a risk to future growth.

To see Spark’s full report on NOMD stock, click here.

More about Nomad Foods

Nomad Foods is Europe’s leading frozen food company, known for its portfolio of iconic brands such as Birds Eye, Findus, iglo, Ledo, and Frikom. The company focuses on providing convenient, high-quality, and nutritious frozen food products, and is headquartered in the United Kingdom.

Average Trading Volume: 1,394,669

Technical Sentiment Signal: Sell

Current Market Cap: $1.96B

See more data about NOMD stock on TipRanks’ Stock Analysis page.