Campbell Soup Co. has appointed Craig Slavtcheff, 51, as VP and head of research and development (R&D). Slavtcheff will lead Campbell’s entire R&D organization, including strategy, innovation and product development for the company’s divisions, as well as its science and technology, regulatory, nutrition and culinary teams. He will report to Campbell’s Chief Operating Officer Luca […]
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Campbell To Sell Its Fresh And International Business Units
Campbell Soup Co. on Aug. 30 announced plans to sell its non-core businesses—including its fresh and international units—as part of its “board-led strategy and portfolio review to improve performance and drive shareholder value.” Campbell International consists of Arnott’s and the Kelsen Group, along with the company’s manufacturing operations in Indonesia and Malaysia and its businesses in […]
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V8 Introduces New Plant-Powered Beverage With Sweet Potatoes
Campbell Soup Co., maker of V8, is launching V8+Hydrate, a new plant-based beverage featuring sweet potato juice. “This category-changing beverage taps into the naturally occurring electrolytes and glucose of the sweet potato and perfectly blends it with water—creating an isotonic beverage that quickly replenishes fluids and nutrients,” says Campbell. With 45 calories in each 8-oz. can, V8+Hydrate contains one full […]
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Campbell Names Palmieri VP And CMO Of U.S. Meals And Beverages
Campbell Soup Co. has appointed Diego Palmieri to the role of VP and chief marketing officer, U.S. meals and beverages, effective July 18. Palmieri will report to Roberto Leopardi, president, meals and beverages. As CMO, Palmieri will be responsible for all aspects of marketing and consumer connection in the U.S. across the division’s portfolio of brands, which […]
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Campbell Completes Snyder’s-Lance Acquisition, Creates Snacks Division
Campbell Soup Co. has completed the acquisition of Snyder’s-Lance Inc. for $50 per share in an all-cash transaction, which represents an enterprise value of approximately $6.1 billion. “Snyder’s-Lance represents a strategic and transformative acquisition for Campbell, creating a $10 billion company with nearly half of our annual net sales in the faster-growing snacks category,” said […]
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Albertsons, Campbell, Others Are Corporate Citizenship Awards Finalists
Albertsons Cos., The Wonderful Co., Campbell Soup Co. and Keurig Green Mountain all have been named finalists for the 18th annual Corporate Citizenship Awards, which “honor businesses for their significant positive impacts in communities around the world.” The U.S. Chamber of Commerce Foundation will present the winners with their awards on Nov. 15. Albertsons Cos.—Best […]