USA - US soup maker Campbell Soup has announced that its CEO Denise Morrison abruptly decided to step down effective today and she has been replaced by Keith McLoughlin, who joined the company's board in 2016, as CEO on an interim basis. In a statement Campbell Soup, maker of V8, Pepperidge Farm, Pop Secret and…
USA - Campbell Soup has announced a strategic reorganization to capitalize on the rapidly changing food industry landscape while aligning the business to the company’s strategies. According to the company, the new structure reorganizes its core business operations -including its important soup, simple meals and shelf-stable beverages portfolios and its powerful snacks portfolio -under the…
USA - Campbell Soup Company has announced a 7% drop in sales in its second quarter with low sales blamed for the dispute between the company and a key customer Walmart. Organic sales decreased 2% with a drop in Campbell’s shares due to a decrease in demand for Campbell soups. “This was a disappointing quarter,…
CANADA – Campbell Soup has closed down its manufacturing plant at Toronto with plans to move to Canadian Headquarters and its commercial operations to a new location in Greater Toronto Area. The plans to consolidate its operations were in alignment to its earlier strategy on promoting cost-saving strategies. The plant closure will affect 380 employees.…
USA - Campbell Soup has announced its completion of the acquisition of Pacific Foods of Oregon (Pacific Foods) for US$700 million in cash, subject to customary purchase price adjustments. A leading producer of organic broth and soup, Pacific also produces shelf-stable plant-based beverages and other meals and sides. According to the company, organic food is…
USA - Campbell Soup Company has appointed Monica Diaz Chief Diversity and Inclusion Officer, where she is set to lead the company’s enterprise-wide diversity and inclusion strategy. The role also includes creating new programs and enhancing existing initiatives to foster an inclusive culture and diverse workforce that mirrors Campbell’s consumer base. Diaz will also act as…
