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Campbell’s Controller O’Shea to Retire

CAMDEN, N.J.–(BUSINESS WIRE)–Feb. 9, 2017–
Campbell Soup Company (NYSE:CPB) today announced that William
O’Shea, 59, Vice President and Controller, has informed the company of
his decision to retire on June 1, 2017. He joined the company in 1996.

Anthony P. DiSilvestro, Campbell’s Senior Vice President and Chief
Financial Officer, said, “Bill’s distinguished career spans more than
two decades with Campbell. He has served as an invaluable partner to me,
our leadership team and the Board of Directors. He has a comprehensive
understanding of many areas of finance and has always acted with the
utmost integrity. I have known and worked with Bill for more than 30
years and am deeply grateful for his contributions to our company. I
wish him and his family all the best.”

As Controller, O’Shea leads the company’s corporate accounting function
and compliance with all financial and reporting requirements. He also
supported the transformation of Campbell’s finance function, including
advising on the startup of Integrated Global Services, the company’s
shared services group responsible for building capabilities while
lowering costs.

Since joining Campbell as Controller, U.S. Soup, O’Shea has held a
diverse range of leadership roles including Vice President, Finance,
U.S. Grocery; Vice President and Treasurer; Vice President, Finance and
Strategy, North America Soup, Sauces and Beverages; and Vice President,
Finance Operations.

Before joining Campbell, O’Shea held positions of increasing seniority
with Scott Paper Company, including Assistant Treasurer, Europe; and
Vice President, Finance, Worldwide Consumer Business.

O’Shea earned a Bachelor of Science in Business Administration from
Towson University and a Master of Business Administration from the
University of Virginia Darden School of Business.

In the coming weeks, the company expects to name a successor who will
work with O’Shea through the transition.

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
and Garden Fresh Gourmet. 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:
Carla Burigatto, 856-342-3737
carla_burigatto@campbellsoup.com