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Press Releases

Descendants of Dr. John T. Dorrance Announce Their Support for the Current Campbell Board of Directors

Representing Approximately 41 Percent of Shares Outstanding CAMDEN, N.J.–(BUSINESS WIRE)–Oct. 17, 2018– Campbell Soup Company (NYSE:CPB) announced that four shareholders, all descendants of Dr. John T. Dorrance, the inventor of Campbell’s condensed soup, each separately notified the Chairman of the Board on behalf of themselves and certain family members of their intention to vote for…

Campbell Files Investor Presentation

Highlights Strengths of Go-Forward Strategy and Highly Qualified Board of Directors Outlines Unacceptable Risk Associated with Third Point’s Lack of a Cogent Plan and Underqualified Directors Urges Shareholders to Vote the GOLD Proxy Card CAMDEN, N.J.–(BUSINESS WIRE)–Oct. 12, 2018– Campbell Soup Company (NYSE: CPB) announced today it has filed an investor presentation with the U.S….

Campbell Sends Letter to Shareholders Detailing Significant Actions Underway to Maximize Value; Strongly Recommends Shareholders Vote Gold Proxy Card

Files Definitive Proxy Materials Launches Shareholder Resource Website www.CampbellsStrategy.com CAMDEN, N.J.–(BUSINESS WIRE)–Oct. 4, 2018– Campbell Soup Company (NYSE: CPB) announced today it has filed definitive proxy materials, including its definitive proxy statement and GOLD proxy card, with the U.S. Securities and Exchange Commission (SEC) in connection with Campbell’s 2018 Annual Meeting of Shareholders, scheduled for…

Campbell Declares Quarterly Dividend

CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 26, 2018– The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.35 per share. The quarterly dividend is payable Oct. 29, 2018 to shareholders of record at the close of business Oct. 12, 2018. About Campbell Soup Company Campbell (NYSE:CPB) is…

Campbell Named to the Dow Jones Sustainability Indices for 10th Consecutive Year

CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 13, 2018– Campbell Soup Company (NYSE:CPB) has been named to the Dow Jones Sustainability North America Index for the 10th consecutive year. These independent rankings recognize Campbell’s leadership in creating a more sustainable environment and making a measurable difference in Campbell’s hometown communities. “Campbell is honored to again be included on the Dow…

Campbell Appoints Craig Slavtcheff Head of Research & Development

CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 10, 2018– Campbell Soup Company (NYSE:CPB) today announced the appointment of Craig Slavtcheff, 51, as Vice President and Head of Research and Development (R&D). Slavtcheff will lead Campbell’s entire R&D organization, including strategy, innovation and product development for the company’s divisions, as well as its science and technology, regulatory, nutrition, and culinary…

CAMPBELL ISSUES STATEMENT ON THIRD POINT DIRECTOR NOMINEES

CAMDEN, N.J., Sept. 7, 2018—Campbell Soup Company (NYSE: CPB) today confirmed receipt of Third Point LLC’s nomination of a slate of 12 director candidates to stand for election at the Company’s 2018 Annual Meeting of Shareholders.   Commenting on the actions interim President and CEO Keith McLoughlin said: “On August 30th, Campbell announced the results…

Campbell Issues Statement on Third Point Director Nominees

CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 7, 2018– Campbell Soup Company (NYSE: CPB) today confirmed receipt of Third Point LLC’s nomination of a slate of 12 director candidates to stand for election at the Company’s 2018 Annual Meeting of Shareholders. Commenting on the actions interim President and CEO Keith McLoughlin said: “On August 30th, Campbell announced the results…

CAMPBELL REPORTS FOURTH-QUARTER AND FULL-YEAR RESULTS

Fourth-Quarter Net Sales Increased 33 Percent Reflecting Impact of Recently Completed Acquisitions; Organic Sales Decreased 3 Percent Fourth-Quarter Earnings Per Share (EPS) of $0.31; Adjusted EPS of $0.25 Full-Year Net Sales Increased 10 Percent Reflecting Impact of Recently Completed Acquisitions; Organic Sales Decreased 2 Percent Full-Year EPS of $0.86; Adjusted EPS of $2.87 Campbell Provides…

CAMPBELL ANNOUNCES SIGNIFICANT ACTIONS FOLLOWING BOARD-LED STRATEGY AND PORTFOLIO REVIEW

  Focusing Portfolio on Campbell Snacks and Campbell Meals and Beverages in North America, Leveraging Iconic Brands and Leading Market Positions   Pursuing Divestitures of Campbell International (including Arnott’s and the Kelsen Group) and Campbell Fresh to Increase Focus; Proceeds will be Used to Significantly Reduce Debt   Raising Overall Cost Savings Target to $945…