Campbell Soup Company (NYSE: CPB) yesterday announced that George M. Sherman has been elected Chairman of the Board, effective August 1, 2001. Sherman, 59, a Campbell Director since 1995, succeeds Philip E. Lippincott, 65, who became Campbell's Chairman in August 1999 and agreed at that time to serve for two years. Lippincott has been a Campbell Director since 1984 and will continue to serve on the Campbell Board. Campbell's President and Chief Executive Officer, Douglas R. Conant, was appointed on January 8, 2001.