A. Barry Rand Retires from Campbell’s Board of Directors

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today announced that A. Barry Rand has retired from the company’s Board of Directors.

Rand, 71, has served on the Board since 2005. During his time on the Campbell Board, Rand served on each of the Board’s four committees: Audit, Compensation and Organization, Finance and Corporate Development and Governance. At the time of his retirement, Rand was a member of the Audit and Governance Committees.

“Barry has been an invaluable member of the Board, and I want to thank him for his many contributions to Campbell over the years,” said Les Vinney, Chairman of the Board. “Barry brought incredible energy and wisdom to the Board’s discussions, and his insights were vital during a critical time in the Company’s history. We wish him and his family all the best going forward.”

Rand’s career spans five decades across numerous industries. He is the retired Chief Executive Officer of AARP, the nation’s largest nonprofit and advocacy organization. Before leading AARP, he was chairman of the board of Aspect Communications, chairman and CEO of Equitant, Inc., and chairman and CEO of Avis Group. Before joining Avis, Rand spent 30 years at Xerox Corporation, rising to the position of Executive Vice President of Worldwide Operations. Rand is a member and immediate past Chairman of the Board of Trustees of Howard University.

With Rand’s retirement, Campbell’s Board of Directors will consist of 12 members. Denise M. Morrison, President and Chief Executive Officer, is the only member of management who sits on the Board.

Rand’s retirement was previously disclosed in a Form 8-K filing on February 29, 2016.

About Campbell Soup Company

Campbell (NYSE: CPB) is driven and inspired by our Purpose, “Real food that matters for life’s moments.” We make a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods. For generations, people have trusted Campbell to provide authentic, flavorful and readily available foods and beverages that connect them to each other, to warm memories and to what’s important today. Led by our iconic Campbell’s brand, our portfolio includes Pepperidge Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal Dansk, Kjeldsens and Garden Fresh Gourmet. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet’s natural resources. The company is a member of the Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. To learn more about how we make our food and the choices behind the ingredients we use, visit www.whatsinmyfood.com.

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Campbell Soup Company
INVESTOR CONTACT:
Ken Gosnell, 856-342-6081
[email protected]
or
MEDIA CONTACT:
Carla Burigatto, 856-342-3737
[email protected]

Source: Campbell Soup Company

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