Campbell Names Mark A. Clouse President, Chief Executive Officer and a Director of the Board
Clouse to Become 14th Leader in Campbell’s 150-year History
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Campbell Names Mark A. Clouse President, Chief Executive Officer and a Director of the Board. (Photo: Business Wire)
Clouse brings more than 20 years of experience in the food industry,
holding senior management positions at leading companies with iconic
center-store brands, including Mondelēz
“Mark Clouse is an outstanding leader with a proven track record of
operational excellence, and we are excited to name him as Campbell’s
next President and CEO,” said
Consistent with the terms of the settlement agreement between
“I am honored to lead Campbell and its portfolio of iconic brands into the next chapter of the company’s storied history,” said Clouse. “I am committed to delivering Campbell’s strategic objectives and look forward to partnering with the Board and working alongside the company’s many talented employees to deliver sustainable, long-term growth. I am confident that together we can build a prosperous future for Campbell and all of its stakeholders.”
During Clouse’s two-and-a-half-year tenure as CEO of
Clouse joined
Prior to joining
Vinney added, “I want to thank
Campbell (NYSE:CPB) is driven and inspired by our Purpose, "Real food that matters for life's moments." For generations, people have trusted Campbell to provide authentic, flavorful and affordable snacks, soups and simple meals, and beverages. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet's natural resources. The company is a member of the Standard and Poor's 500 and the Dow Jones Sustainability Indexes. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. To learn more about how we make our food and the choices behind the ingredients we use, visit www.whatsinmyfood.com.
Forward-Looking Statements
This release contains “forward-looking statements” that reflect the
Company’s current expectations about the impact of its future plans and
performance on the Company’s business or financial results. These
forward-looking statements rely on a number of assumptions and estimates
that could be inaccurate and which are subject to risks and
uncertainties. The factors that could cause the Company’s actual results
to vary materially from those anticipated or expressed in any
forward-looking statement include: the Company’s ability to execute on
and realize the expected benefits from the actions it intends to take as
a result of its recent strategy and portfolio review, the ability to
differentiate its products and protect its category leading positions,
especially in soup; the ability to complete and to realize the projected
benefits of planned divestitures and other business portfolio changes;
the ability to realize the projected benefits, including cost synergies,
from the recent acquisitions of Snyder’s-
View source version on businesswire.com: https://www.businesswire.com/news/home/20181220005948/en/
Source:
INVESTOR CONTACT: Ken Gosnell (856) 342-6081 ken_gosnell@campbellsoup.com
MEDIA CONTACT: Thomas Hushen (856) 342-5227 thomas_hushen@campbellsoup.com
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