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Campbell Names Chief Financial Officer

1/28/2014
Campbell Soup Company announces that B. Craig Owens, Chief Financial Officer and Chief Administrative Officer since 2008, has informed the company of his decision to retire on May 1, 2014. Anthony P. DiSilvestro, Senior Vice President – Finance, has been appointed to succeed Owens as Senior Vice President and Chief Financial Officer, effective on that date.

Denise Morrison, Campbell’s President and Chief Executive Officer, says, “During his five years of outstanding service to Campbell, Craig has provided strong strategic leadership of our company’s Finance, Supply Chain and Information Technology organizations. Craig’s insight, expertise and consummate integrity have earned the respect and trust of his colleagues on Campbell’s Leadership Team, as well as the company’s investors and the financial community. Craig has been an invaluable partner to me in the development of a new strategic framework for Campbell and the reshaping of our portfolio, including our expansion into faster-growing categories and geographies. I am deeply grateful for his contributions to our company, and I wish him and his family much happiness in the future.”

Since joining Campbell in 1996, DiSilvestro has held a wide range of senior roles in the Finance organization and in the company’s principal business divisions, including Treasurer; Controller; Vice President – Finance for Campbell North America; Vice President – Corporate Development and Strategic Planning; and Vice President and Managing Director of Campbell International. In his current position as Senior Vice President – Finance, DiSilvestro oversees the Controller’s function and Financial Planning and Analysis, and he also serves as the senior financial officer for Campbell North America, the company’s largest division. Working closely with Mark Alexander, President – Campbell North America, DiSilvestro has played a key role in restoring the company’s North American soup and simple meals business to profitable growth.

DiSilvestro earned a Bachelor of Arts in economics from Dartmouth College and a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania. Before joining Campbell, he served in various senior financial roles at Scott Paper Company and as Chief Financial Officer of Mlnlycke A.B. Health Care.

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