Campbell Soup Co. made it official, naming Denise Morrison as its next president and CEO. Morrison, 57, takes over the top spot on Aug. 1.
She succeeds Campbell’s CEO of a decade, Douglas R. Conant, 60, who led the company through a period of global growth and product diversification while increasing sales from $6.5 billion to nearly $8 billion.
Morrison, who held the titles of executive vice president and chief operating officer, was named as Conant’s expected replacement in October.
“Denise is a superb leader with strong operational skills, comprehensive knowledge of the business and the food industry, and powerful insights into the opportunities for driving profitable growth across Campbell’s portfolio. The board is confident that the company will flourish under her direction,” said Paul R. Charron, chairman of the board of Campbell (NYSE:CPB).
Morrison has 35 years in the consumer packaged-good industry, starting at Procter & Gamble in 1975. She has held positions of increasing responsibility at PepsiCo, Nestle USA, Kraft and Nabisco. She joined Campbell’s in 2003 as chief customer officer, and two years later was promoted to president of Campbell USA. As recently as March, she led Campbell’s on an interim basis while Conant recovered from injuries sustained in a July 2009 car accident. She is a graduate of Boston College.
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