Campbell Soup (CPB) Tops Q3 EPS by 9c, Updates FY Guidance

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General Mills (GIS), Related Names Trade Lower in Sympathy with Campbell Soup (CPB) Following 12% Drop

May 18, 2018 9:48 AM EDT

General Mills (NYSE: GIS), Related Names Trade Lower in Sympathy with Campbell Soup (NYSE: CPB) Following 12% Drop

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Campbell Soup (CPB) CEO Denise M. Morrison to Retire Effective Today

May 18, 2018 7:11 AM EDT

Campbell Soup Company (NYSE: CPB) today announced that Denise M. Morrison, President and Chief Executive Officer (CEO) and a Director, has chosen to retire effective today. Keith R. McLoughlin, 61, a Campbell Board member since 2016, has been named interim CEO and will also remain a member of the Board to facilitate an orderly transition in management while recently elevated Chief Operating Officer Luca Mignini focuses on the integration of newly acquired Snyders-Lance and Pacific Foods and stabilizing the companys U.S. soup business.

Les C. Vinney, Chairman of the Board, said, Denise has... More