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Campbell Appoints Raymond Liguori Vice President – Corporate Development

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CAMDEN, N.J., Apr 19, 2011 (BUSINESS WIRE) — Campbell Soup Company (NYSE: CPB) today announced the appointment of Raymond Liguori, as Vice President – Corporate Development. Liguori, 53, will lead a team responsible for the company’s efforts in the areas of mergers and acquisitions, strategic alliances and joint ventures. He will be based at Campbell’s headquarters in Camden and will report to Craig Owens, Chief Financial Officer and Chief Administrative Officer.

Liguori has more than 23 years of financial leadership experience. He joins Campbell from Wal-Mart where he most recently served as Vice President-Mergers and Acquisitions, leading all international merger, acquisition and divestiture activities. Prior to that, Liguori was the Mergers & Acquisitions Vice President at AT&T Corporation, the largest U.S. provider of telecommunication support and services. Earlier in his career, he held finance leadership roles at Merrill Lynch, Salomon Brothers and GTE.

Owens said, “Ray is a seasoned M&A executive, with a history of leading international transactions. He has a broad range of experience across industries and geographies and will provide strong guidance for our corporate development team.”

Liguori earned his B.S. degree in finance and economics from Boston College, his J.D. degree from Boston University School of Law and his M.B.A. degree from Harvard Business School.

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

SOURCE: Campbell Soup Company

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

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