CAMDEN, N.J.–(BUSINESS WIRE)–Apr. 1, 2016–
Campbell Soup Company (NYSE:CPB) today announced that A. Barry
Rand has retired from the company’s Board of Directors.
Rand, 71, has served on the Board since 2005. During his time on the
Campbell Board, Rand served on each of the Board’s four committees:
Audit, Compensation and Organization, Finance and Corporate Development
and Governance. At the time of his retirement, Rand was a member of the
Audit and Governance Committees.
“Barry has been an invaluable member of the Board, and I want to thank
him for his many contributions to Campbell over the years,” said Les
Vinney, Chairman of the Board. “Barry brought incredible energy and
wisdom to the Board’s discussions, and his insights were vital during a
critical time in the Company’s history. We wish him and his family all
the best going forward.”
Rand’s career spans five decades across numerous industries. He is the
retired Chief Executive Officer of AARP, the nation’s largest nonprofit
and advocacy organization. Before leading AARP, he was chairman of the
board of Aspect Communications, chairman and CEO of Equitant, Inc., and
chairman and CEO of Avis Group. Before joining Avis, Rand spent 30 years
at Xerox Corporation, rising to the position of Executive Vice President
of Worldwide Operations. Rand is a member and immediate past Chairman of
the Board of Trustees of Howard University.
With Rand’s retirement, Campbell’s Board of Directors will consist of 12
members. Denise M. Morrison, President and Chief Executive Officer, is
the only member of management who sits on the Board.
Rand’s retirement was previously disclosed in a Form 8-K filing on
February 29, 2016.
About Campbell Soup Company
Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food
that matters for life’s moments.” We make a range of high-quality soups
and simple meals, beverages, snacks and packaged fresh foods. For
generations, people have trusted Campbell to provide authentic,
flavorful and readily available foods and beverages that connect them to
each other, to warm memories and to what’s important today. Led by our
iconic Campbell’s brand, our portfolio includes Pepperidge
Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal
Dansk, Kjeldsens and Garden Fresh Gourmet. 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
& Poor’s 500 and the Dow Jones Sustainability Indexes. For more
information, visit www.campbellsoupcompany.com
or follow company news on Twitter via @CampbellSoupCo.
To learn more about how we make our food and the choices behind the
ingredients we use, visit www.whatsinmyfood.com.
Source: Campbell Soup Company