CAMDEN, N.J.–(BUSINESS WIRE)–April 22, 2008–Campbell Soup
Company (NYSE:CPB) announced today that Robert A. Schiffner, the
company’s Chief Financial Officer, plans to retire on January 31,
2009. The company is conducting a search for his successor. Schiffner,
58, will step down as Senior Vice President and Chief Financial
Officer on August 1, 2008 or earlier if his successor is appointed,
but has agreed to remain with the company through January 2009 to
facilitate a smooth transition. He joined the company in 2001, and
oversees the Controller’s, Corporate Development, Investor Relations,
Treasury and Tax departments.

Douglas R. Conant, Campbell’s President and Chief Executive
Officer, said, “Throughout his 33-year career in the food industry,
Bob has demonstrated unwavering integrity and a commitment to strong
financial controls. As a key member of our management team, he has
helped lead the company through a period of significant change. Bob
played a vital role in developing the Transformation Plan that renewed
and revitalized Campbell and restored it to a growth track. He is
respected for his focus and insight throughout the organization and
the investment community.”

Conant continued, “Bob has been an indispensable partner to me as
we have worked to transform Campbell, consistently delivering strong
financial performance while also building our capabilities for the
future. We are deeply indebted to Bob for his dedication and his
outstanding contributions to the company. I look forward to working
with him through the transition, and wish him the very best in a very
well-earned retirement.”

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.

    CONTACT: Campbell Soup Company
             Anthony Sanzio (Media)
             856-968-4390
             or
             Leonard F. Griehs (Analysts)
             856-342-6428

    SOURCE: Campbell Soup Company

Share