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Campbell Appoints Mark Alexander President of Campbell North America

CAMDEN, N.J.–(BUSINESS WIRE)–Jan. 6, 2012–
Campbell Soup Company (NYSE:CPB) today announced the appointment
of Mark Alexander as President – Campbell North America. Alexander, 47,
will lead the division of the company that includes Campbell’s North
America Soup, Sauces and Beverages business, Campbell Canada, and
Campbell’s North America Food Service business, which collectively
account for approximately $4.6 billion in annual revenue. His
appointment is effective Jan. 16, 2012.

Campbell named Mark Alexander, 47, President - Campbell North America. (Photo: Campbell Soup Company ...

Campbell named Mark Alexander, 47, President – Campbell North America. (Photo: Campbell Soup Company)

Denise Morrison, Campbell’s President and Chief Executive Officer, said,
“Mark is an outstanding executive with a proven track record of success
in critical management roles at Campbell, including the management of
soup businesses in the United States, Canada, Europe, Asia and
Australia. He was instrumental to the development of our company’s new
strategic framework and has close familiarity with the Campbell North
America business and its leadership team. During a career at Campbell
that has spanned more than two decades, Mark has delivered consistently
strong performance and demonstrated exemplary leadership skills. I am
confident that, under his leadership, Campbell North America will
maintain its strong progress in stabilizing and then profitably growing
U.S. Soup and Simple Meals, and continue to advance the consumer-driven
innovation and brand-building initiatives that are now well underway
across our North American businesses.”

Since joining Campbell in 1989, Alexander has held marketing, sales and
management roles in the U.S., Canada, Europe, Asia and Australia. Before
assuming his current role as President – Campbell International, with
responsibility for the company’s businesses in Asia Pacific, Europe and
Latin America, Alexander served as Chief Customer Officer and President
– North America Baking and Snacking. During his tenure as President –
Asia Pacific from 2006 through 2009, Campbell’s businesses in the region
consistently delivered strong results.

Alexander was elected a corporate officer of Campbell in 2009, and is a
member of both the company’s leadership team and operating committee. He
earned his Bachelor of Arts degree in economics and political science
from Queen’s University in Canada.

In his new position, Alexander will succeed Sean Connolly, who is
leaving Campbell to join Sara Lee Corp. (NYSE:SLE) as Chief Executive
Officer of its North American Retail and Foodservice business, and will
serve as CEO of Sara Lee’s North American Meats business following that
company’s planned spinoff of its international coffee and tea business.

Commenting on Connolly’s departure, Morrison said, “I’ve worked closely
with Sean for almost nine years at Campbell, and I want to thank him for
his many contributions to our company.”

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of
high-quality foods and simple meals, including soup and sauces, 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.” Through its corporate social responsibility
program, the company strives to make a positive impact in the workplace,
in the marketplace and in the communities in which it operates. Campbell
is a member of the Standard & Poor’s 500 and the Dow Jones
Sustainability Indexes. For more information, visit www.campbellsoup.com.

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Source: Campbell Soup Company

Campbell Soup Company
Anthony Sanzio (Media)
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Driscoll (Analysts/Investors)
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