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Campbell Board Elects Maria Teresa Hilado as Director

CAMDEN, N.J.–(BUSINESS WIRE)–Mar. 21, 2018–
Campbell Soup Company (NYSE:CPB) today announced that the
company’s Board of Directors has elected Maria Teresa (Tessa) Hilado as
a member of the Board, effective today.

Hilado, 53, has more than 30 years of experience in finance and treasury
with several leading multinational companies across a variety of
industries. She recently retired from global pharmaceutical company
Allergan plc after serving as Executive Vice President and Chief
Financial Officer from Dec. 2014 to Feb. 2018. Previously, she served as
Senior Vice President of Finance and Treasurer for PepsiCo, Inc. for
five years. Earlier in her career, Hilado spent more than 17 years with
General Motors Company in leadership roles of increasing responsibility,
most notably Assistant Treasurer, and Chief Financial Officer, GMAC
Commercial Finance LLC. She began her career with Far East Bank & Trust
Co., in Manila, Philippines.

“We are excited to welcome Tessa to Campbell’s Board of Directors,” said
Les Vinney, Chairman of the Board. “Tessa is a strategic leader with
three decades of demonstrated financial expertise in leading roles at
several large, global corporations. Her experience in the CPG and health
and wellness industries will provide Campbell’s Board with valuable
insights. Tessa will be a welcomed addition to our Board.”

Hilado is currently a member of the H.B. Fuller Company board of
directors. She previously sat on the board of Bausch + Lomb. Hilado
earned a Bachelor of Science degree from Ateneo de Manila University in
the Philippines and a Masters in Business Administration from the
University of Virginia’s Darden Graduate School of Business.

With Hilado’s election, Campbell’s Board of Directors will consist of 13
members. Denise M. Morrison, President and Chief Executive Officer, is
the only member of management who sits on the Board.

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
, Garden Fresh Gourmet and Pacific Foods.
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

Campbell Soup Company
INVESTOR CONTACT
Ken
Gosnell, 856-342-6081
ken_gosnell@campbellsoup.com
or
MEDIA
CONTACT
Nicky Thomson, 856-342-6283
nicole_thomson@campbellsoup.com