• Campbell Soup's CEO Will Retire After a Three-Year Slump

    2 days ago - By Time

    Campbell Soup Co., struggling through a three-year sales slump, said Chief Executive Officer Denise Morrison is retiring and will be replaced on an interim basis by board member Keith McLoughlin.
    Morrison, 64, who has been at the helm since 2011, is stepping down, effective Friday, Campbell said in a statement. She has been with the company for 15 years. McLoughlin, 61, has been a board member since 2016.
    Campbell has been seeking other sources of growth as it grapples with a soup slowdown. In December, the company agreed to buy Snyder's-Lance in a bid to push deeper into salty snacks - a...
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  • Campbell Soup CEO Leaves Suddenly as Company Struggles to Escape a 3-Year Sales Slump

    2 days ago - By Fortune

    Campbell Soup , struggling through a three-year sales slump , said Chief Executive Officer Denise Morrison is retiring and will be replaced on an interim basis by board member Keith McLoughlin.
    Morrison, 64, who has been at the helm since 2011, is stepping down, effective Friday, Campbell said in a statement. She has been with the company for 15 years. McLoughlin, 61, has been a board member since 2016.
    Campbell has been seeking other sources of growth as it grapples with a soup slowdown. In December, the company agreed to buy Snyder's-Lance in a bid to push deeper into salty snacks - a...
    Read more ...