Campbell's taps Freshpet's Todd Cunfer as CFO
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The logo and ticker for Campbell Co. are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 18, 2018. REUTERS/Brendan McDermid
(Reuters) -Campbell's Co on Tuesday named Todd Cunfer as its chief financial officer, effective October 20, succeeding Carrie Anderson.
Cunfer, who has more than two decades of experience in the consumer packaged goods industry, including at Hershey, was most recently the CFO of pet food maker Freshpet Inc.
Anderson had served as Campbell's CFO since February 2023. The company said she is leaving to pursue other opportunities.
Shares of the Goldfish crackers maker have fallen about 25% so far this year, pressured by changing consumer preferences and higher costs linked to tariffs.
Last month, Campbell's forecast full-year profit below analysts' estimates and said it would eliminate synthetic dyes from its food and beverage products.
(Reporting by Savyata Mishra in Bengaluru; Editing by Alan Barona)
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