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Les Vinney to Become Chairman of Campbell’s Board of Directors, Succeeding Paul Charron

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CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 29, 2015–
Campbell Soup Company (NYSE: CPB) announced today that its Board
of Directors has elected Les Vinney to succeed Paul Charron as Chairman
of the Board, effective Nov. 1, 2015.

Vinney, 66, has been a director of Campbell since 2003. He retired as
President and CEO of STERIS Corporation, a leading provider of medical
supplies. After joining STERIS Corporation in 1999 as Senior Vice
President and Chief Financial Officer, Vinney served as President and
Chief Executive Officer from 2000 to 2007. From 2007 to 2009, he served
as a Senior Advisor to STERIS. Prior to this, Vinney was Senior Vice
President and Chief Financial Officer at Goodrich Corporation. Earlier,
he held positions with Engelhard Corporation and Exxon Corporation. He
has been a director of Patterson Companies, Inc. since 2008 and served
on the Board of the Federal Reserve Bank of Cleveland from 2005 through
2010.

Paul Charron, 73, joined the Campbell Board in 2003 and has served as
Chairman since 2009. He was Chairman and Chief Executive Officer of Liz
Claiborne Inc. from 1996 until his retirement in 2006. Earlier, Charron
held positions at Procter & Gamble and General Foods.

Commenting on Vinney’s election, Charron said, “With more than a decade
of service on Campbell’s Board, Les Vinney brings deep knowledge of
Campbell’s business and its strategies to the role of Chairman. His
strategic, operational and financial expertise will continue to be an
asset to the Board and to Campbell shareholders.”

Vinney said, “I am honored to serve as Chairman of one of America’s most
iconic companies, with a Board long recognized for its strong corporate
governance practices. I look forward to working with Denise Morrison,
our President and Chief Executive Officer, and my fellow directors as we
continue to reshape Campbell.”

“Paul’s leadership and counsel during his six years as Chairman have
been instrumental in helping to shift our company’s center of gravity.
He has made many important contributions during his 12 years of service
on the Campbell Board and provided exemplary leadership during a
critical period in our company’s history,” said Morrison. “We are
pleased that we have a strong and capable business leader in Les Vinney
to succeed Paul as Chairman. I look forward to working with him as we
continue to unlock our purpose, performance and potential by pursuing
Campbell’s growth strategies and reshaping our company for the future.”

About Campbell Soup Company

Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food
that matters for life’s moments.” The company makes 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 its iconic Campbell’s brand, the company’s
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.

Source: Campbell Soup Company

Campbell Soup Company
INVESTOR CONTACT:
Ken
Gosnell, 856-342-6081
[email protected]
or
MEDIA
CONTACT:
Carla Burigatto, 856-342-3737
[email protected]

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