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September 29, 2010

US: Campbell Soup Co. boss Conant to step down

Doug Conant, president and CEO of US food group Campbell Soup Co., is to step down from the role after a decade in the job.

Doug Conant, president and CEO of US food group Campbell Soup Co., is to step down from the role after a decade in the job.

The soup giant said yesterday (28 September) that Conant’s time at the helm will end on 31 July next year.

The Campbell board has lined up Denise Morrison, president of the company’s soup, sauces and beverages business in North America, to replace Conant. Morrison has been appointed chief operating officer in preparation for the role.

In her new role, Morrison will lead all of Campbell’s global businesses – the North America divisions, the group’s international operations and snack unit Pepperidge Farm. Morrison will also oversee corporate strategy, research and development and global marketing services. Other corporate functions will continue to report to Conant, Campbell said.

Campbell chairman Paul Charron said Conant had “provided exceptional leadership” to the company. “He conceived and implemented a strategic vision that transformed Campbell into the focused, highly competitive business it is today,” Charron said.

Morrison, 56, who has had jobs at Procter & Gamble, PepsiCo, Nestle and Kraft Foods.

Looking ahead to her stewardship of Campbell, Morrison said: “I look forward to accelerating the growth of our great brands, capitalising on our global opportunities and building on our people’s engagement to reach their potential for high performance.”

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