Campbell Announces Retirement of Nick Shreiber From Board of Directors

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CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today announced that Nick Shreiber has decided to retire from the company’s Board of Directors, effective as of the Annual Meeting of Shareholders to be held on Nov. 20, 2019.

Shreiber, 70, has served on the Board since 2009 and is the current Chair of the Board’s Compensation and Organization committee and a member of the Governance committee. Shreiber has chosen to retire due to his professional and personal commitments.

“Nick has served the Campbell Board with distinction,” said Keith R. McLoughlin, Chair of the Board. “His years of service reflect great credit upon himself and the Campbell Soup Company. On behalf of the entire Board and management, I want to thank him for his many contributions to the company and wish him all the very best in his retirement.”

Shreiber’s career spanned more than 30 years across several industries. Shreiber spent 18 years at Tetra Pak Group, global provider of packaging and processing solutions, in a variety of international executive positions and served as President and CEO from 2000 until his retirement in 2005. Earlier in his career, Shreiber was a partner with McKinsey & Co., with a focus on the industrial and service sectors in Europe and Latin America.

About Campbell Soup Company

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 FTSE4Good Index. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo.