Morrison Suddenly Retires from Campbell Soup

After a rocky, seven-year stint as CEO, in which sales slipped as she turned the company away from its namesake product, Denise Morrison has suddenly retired as CEO of Campbell Soup Co. She’s 64.

The company made the announcement today (May 18), saying Morrison “has chosen to retire effective today,” and installed a director of two years, Keith McLoughlin, as interim CEO. In the announcement, there were hints but no explicit statement that a formal search for a replacement would begin.

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Former Starbucks exec joins Caveman Foods as CEO

Caveman Foods, a producer of paleo-inspired snacks, announced today that former Starbucks Coffee executive Jeff Hansberry has joined the company as president and CEO. “I am very excited to join Caveman Foods as we continue to build the brand’s leadership position in the fast-growing healthy snacks category,” Hansberry said in a statement. “The company’s purpose-driven commitment to encourage and inspire healthier eating through delicious Paleo snacks is a source of personal inspiration.”

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Alexander to Leave Campbell Soup

Mark Alexander, president of Americas Simple Meals and Beverages at Campbell Soup Co., Camden, N.J., will leave the company, effective April 2 to pursue other opportunities, the company announced March 19.

The Simple Meals and Beverage business division includes retail and foodservice businesses in the U.S. and Canada, and products like Campbell’s, Swanson, Prego, Pace, Plum, V8 and Pacific Foods, which Campbell acquired in 2017.

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TreeHouse Hires Steve Oakland as CEO

TreeHouse Foods Inc. will have only its second CEO on March 26, when Steven Oakland joins as CEO and president. At the end of January, J.M. Smucker Co. had just announced the June 29 expected “retirement” of Oakland, who is just 56. At TreeHouse, Oakland succeeds Sam Reed, who will remain chairman but only until his retirement on July 1.

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Hershey’s Chairman Bilbrey to Retire

Hershey Co. chairman John P. Bilbrey will retire from the company’s board this spring, with lead independent director Charles Davis taking over the role. Bilbrey, 61, previously served as president and CEO of the company and was elected to the Hershey board of directors in 2011. He will continue to serve as chairman of the board for the remainder of his term.

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