CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 24, 2009–
Campbell Soup Company (NYSE:CPB) today announced the nominations
of Lawrence C. Karlson and Archbold D. van Beuren for election to its
Board of Directors at the company’s annual meeting of shareowners, which
will be held on Nov. 19, 2009.
Karlson will succeed George Strawbridge, 71, who will retire from the
Board after 22 years of service. Van Beuren will succeed David C.
Patterson, 61, who will retire from the Board after seven years of
Karlson, 66, was Chairman and CEO of Berwind Financial Corporation from
2001 to 2004. He served as Chairman of Spectra-Physics AB from 1990 to
1993 and President and CEO of Pharos AB from 1986 until its acquisition
by Spectra-Physics in 1990. In addition to his executive roles, Karlson
brings substantial board experience to Campbell. He is currently a
director of CDI Corporation and H&E Equipment Services Inc., and has
previously served on the boards of AmeriSourceBergen, Interlogix, Inc.
and Meridian Bank Corporation. Karlson earned his undergraduate degree
in engineering from Ryerson University and his M.B.A. degree from the
Wharton School of Business at the University of Pennsylvania.
Van Beuren, 52, has been Senior Vice President and Chief Customer
Officer of Campbell since 2007. Mr. van Beuren began his career with the
company in 1983 and served in various positions of increasing
responsibility, including serving as President of a division that
included businesses in Canada, Mexico, Latin America and North America
Foodservice from 2005 to 2007 and President of Godiva Chocolatier, Inc.
from 1999 to 2005. He is the great grandson of John T. Dorrance, the
founder of the company. He has resigned as an executive of Campbell
effective Oct. 1, 2009. Van Beuren earned his B.A. degree from Yale and
his M.B.A. degree in finance from Columbia University.
“We are delighted to have two experienced and respected business leaders
join our Board,” said Campbell Chairman Paul R. Charron. “Lawrence
Karlson brings entrepreneurial and international perspectives from
experience at Berwind and Spectra-Physics AB, while Archie van Beuren
brings a wealth of knowledge of the company and the packaged foods
industry. I am confident their perspectives and business acumen will
provide significant benefits to the Campbell Board.”
Charron continued, “We thank George Strawbridge for his many years of
dedicated service. The Board has benefitted from his viewpoint as a
long-term shareowner. We also express our appreciation to David
Patterson whose experience as an investment manager contributed
important perspective to our work over the last seven years. We will
miss their counsel and company.”
With these changes, the Campbell board will remain at 16 members.
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.
Source: Campbell Soup Company
Campbell Soup Company
Anthony Sanzio (Media)