Leonard F. Griehs to Retire After Nearly 20-Year Campbell Career
CAMDEN, N.J.–(BUSINESS WIRE)–May. 22, 2009–
Campbell Soup Company (NYSE:CPB) today announced the appointment
of Jennifer Driscoll, 43, as Vice President Investor Relations. Driscoll
will report to Campbell’s Chief Financial Officer and Chief
Administrative Officer, Craig Owens.
Driscoll succeeds Leonard F. Griehs, 62, who will retire at the end of
July after a nearly 20-year career at Campbell. Griehs joined Campbell
in 1990 and was named Vice President Investor Relations in 1996.
Driscoll will join Campbell in June 2009 and will work with Griehs to
ensure a smooth transition.
Driscoll will serve as the primary liaison between Campbell and
investors, analysts and other important stakeholders in the investment
community. In the role, she will interact with Campbell’s executive
leadership, including the Board of Directors, chief executive officer,
chief financial officer and others.
Owens said, “Jennifer Driscoll brings a wealth of experience to the
role. Throughout her career, she has consistently created value for the
organizations at which she worked. She will be a welcome addition to our
Finance team. I fully anticipate a smooth transition due to our
strong Finance organization. I also want to acknowledge Len’s many
contributions to Campbell through the years.”
Commenting on Griehs’s departure, Douglas R. Conant, Campbell’s
President and Chief Executive Officer, said, “Len Griehs will leave a
lasting legacy on Campbell. He has made important contributions to our
company, many of which pre-date my arrival. Since I became CEO in 2001,
Len has been a partner and trusted advisor. He also has been a friend. I
wish Len and his wife Gretchen and their family all the best as they
embark on a new chapter in their lives. Len has truly made a difference
at Campbell. He will be greatly missed.”
Driscoll has more than 20 years of finance and communications
experience. Since 2006, she served as Vice President of Investor
Relations at Best Buy Co., which she joined in 2001 as Director of
Investor Relations. During her time at Best Buy, Driscoll increased sell
side analyst coverage of the company by 60 percent and earned
recognition from IR Magazine as one of the top 100 investor
relations departments in the country. Prior to Best Buy, Driscoll was
Managing Director of Investor Relations at Dain Rauscher Corporation in
Minneapolis. Prior to that, she served as Managing Director of the
public relations function at Dain Rauscher Corporation. Earlier in her
career, Driscoll worked at Weber Shandwick Worldwide public relations
and as a journalist at a financial trade journal.
Driscoll earned a Bachelor of Arts degree in English from The College of
St. Catherine in St. Paul, Minnesota, and an M.B.A. in Finance from the
University of St. Thomas, also in St. Paul. She is a member of the
National Investor Relations Institute (NIRI), a member of the NIRI
Senior Roundtable and a past president of the NIRI Twin Cities chapter.
About Campbell Soup Company
Campbell Soup Company is a global manufacturer and marketer of
high-quality foods and simple meals, including soup, baked snacks, and
healthy beverages. Founded in 1869, the company has a portfolio of
market-leading brands, including “Campbell’s,” “Pepperidge Farm,”
“Arnott’s,” and “V8.” For more information on the company, visit
Campbell’s website at www.campbellsoup.com.
Source: Campbell Soup Company
Campbell Soup Company
Anthony Sanzio (Media)
F. Griehs (Analysts)