CAMDEN, N.J.–(BUSINESS WIRE)–Nov. 21, 2003–Campbell Soup Company (NYSE:CPB) today held its annual meeting of shareowners in Windsor Locks, CT, near the company’s new Pepperidge Farm bakery in Bloomfield, CT. Shareowners approved the company’s nominees to its Board of Directors. The following directors were reelected:
-- George M. Sherman, Chairman of Campbell Soup Company and retired President and Chief Executive Officer of Danaher Corporation. -- Douglas R. Conant, President and Chief Executive Officer of Campbell Soup Company. -- Edmund M. Carpenter, President and Chief Executive Officer of Barnes Group, Inc. -- Bennett Dorrance, private investor and Chairman and Managing Director of DMB Associates. -- Kent B. Foster, Chairman and Chief Executive Officer of Ingram Micro, Inc. -- Harvey Golub, retired Chairman and Chief Executive Officer of American Express Company. -- Randall W. Larrimore, Chairman of Olin Corporation and retired President and Chief Executive Officer of United Stationers Inc. -- Philip E. Lippincott, former Chairman of Campbell Soup Company and retired Chairman and Chief Executive Officer of Scott Paper Company. -- Mary Alice D. Malone, private investor and President of Iron Spring Farm, Inc. -- David C. Patterson, Founder and Chairman, Brandywine Trust Company. -- Charles R. Perrin, retired Chairman and Chief Executive Officer of Avon Products, Inc. -- Donald M. Stewart, President and Chief Executive Officer of the Chicago Community Trust. -- George Strawbridge, Jr., private investor and President of Augustin Corporation. -- Charlotte C. Weber, private investor and President and Chief Executive Officer of Live Oak Properties.
Elected as Directors for the first time were Paul R. Charron and Les C. Vinney.
Charron and Vinney succeed Thomas W. Field, Jr. and David K.P. Li, who retired from the Board. Field joined the Campbell board in 1987 and Li joined in 1995.
Charron, 61, is Chairman and Chief Executive Officer of Liz Claiborne, Incorporated (LIZ), one of the world’s leading branded fashion apparel and accessories companies, with annual sales of more than $4 billion. Charron has had a distinguished career at leading consumer package goods companies such as Procter & Gamble Co. and General Foods Inc. Prior to joining Liz Claiborne, Incorporated in 1994, Charron was Executive Vice President of VF Corporation, the nation’s largest publicly held apparel maker.
Vinney, 54, is President and Chief Executive Officer of STERIS Corporation (STE), headquartered in Mentor, OH. With annual sales of $1 billion, STERIS Corporation is a leading provider of infection prevention, contamination prevention, microbial reduction, and surgical support systems, products, services, and technologies to healthcare, scientific, research, industrial and government customers throughout the world. Prior to joining STERIS, Vinney was Senior Vice President and Chief Financial Officer of The B.F. Goodrich Company.
Both new board members were identified and recruited by Gayle Mattson, a Senior Client Partner and member of the Global Board Services practice at Korn/Ferry International, based in the firm’s New York office.
At the meeting shareowners also ratified the appointment of PricewaterhouseCoopers LLP as independent auditors for the current fiscal year and approved a new long-term incentive plan.
About Campbell Soup Company
Campbell Soup Company is a global manufacturer and marketer of high quality soup, sauces, beverage, biscuits, confectionery and prepared food products. The company is 134 years old, with nearly $7 billion in annual sales and a portfolio of more than 20 market-leading brands. In North America, leading brands include “Campbell’s” soups and “Swanson” broths, “Pepperidge Farm” cookies, crackers, breads and frozen products, “V8” vegetable juices, “V8 Splash” juice beverages, “Pace” Mexican sauces, “Prego” pasta sauces, and “Franco-American” canned pastas and gravies. In Europe, leading brands include “Erasco” soups in Germany and “Liebig” soups in France, and the company also has several dry soup and sauce brands: “Batchelors,” “Oxo,” “Lesieur,” “Royco,” “Liebig,” “Heisse Tasse,” “Bla Band,” “Erin,” and “McDonnells.” Additional European brands include “Homepride” sauces and “Fray Bentos” canned meats in the United Kingdom, and “Devos Lemmens” mayonnaise and cold sauces in Belgium and France. In the Asia Pacific region, the company markets “Arnott’s” biscuits, “Campbell’s” soups and stock, and “Swanson” broths. “Godiva” chocolates are sold around the world. The company is ably supported by 25,000 full-time employees worldwide. For more information on the company, visit Campbell’s website at www.campbellsoup.com.
CONTACT: Campbell Soup Company Media: John W. Faulkner, 856-342-3738 or Analysts: Leonard F. Griehs, 856-342-6428 SOURCE: Campbell Soup Company