Morrison,
64, who has been at the helm since 2011, is stepping down, effective Friday,
Campbell said in a statement. She has been with the company for 15 years.
McLoughlin, 61, has been a board member since 2016.
Campbell
has been seeking other sources of growth as it grapples with a soup slowdown.
In December, the company agreed to buy Snyder’s-Lance in a bid to push deeper
into salty snacks — a bright spot in the struggling packaged-food industry.
That deal gives Campbell, which makes Goldfish crackers, brands such as Cape
Cod potato chips and Snyder’s pretzels. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
Last
month, the company named industry veteran, Luca
Mignini, 55, as its chief operating officer. Mignini, who joined Campbell
in 2013, had been running the company’s snacks unit, putting him in line for
the top job. Mignini is now overseeing Campbell’s soup business in addition to
managing the expanded portfolio of snacks.
The
soup company also provided a full-year forecast for adjusted earnings per share
that fell short of analysts’ estimates.
Shares
of Campbell dropped as much as 5 percent in early trading to $37.25. They had
already slid 18 percent this year through Friday’s close. (Time Magazine)
Have you heard this? Many
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of exporting commodities to foreign countries. Do you know why? They were not
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of payment in export trade. This is terrible!!! Nigerians cannot continue to
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processing and packaging of commodities to receipt of payment by the foreign
buyers. It teaches export operations, export management, export documentations
and methods of payment in export trade? It is a contemporary step-by-step guide
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it, click on the link below:
Hmmm!!! Folks, have you ever
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CEOs and other key decision makers of blue-chip corporations pay for your
products and services or even give you very juicy deals. The link below will
tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html
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