Campbell's CEO saved the iconic soup maker — now he's headed to NFL's Washington Commanders [Yahoo! Finance Canada]
The Campbell's Company (CPB)
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Source: Yahoo! Finance Canada
The Campbell's Company ( CPB ) — maker of iconic chicken noodle soup and Rao's pasta sauce — said late Tuesday that Clouse will retire to become president of the NFL's Washington Commanders. He has been CEO since 2019. Snagging Clouse's corner office is Mick Beekhuizen. He joined Clouse's executive team in September 2019 as CFO, and has led the $5.3 billion meals and beverage division as president since 2022. Beekhuizen will assume the role officially on Feb. 1, 2025. Shares of Campbell's fell nearly 4% in after-hours trading on the news, as well as the company only reaffirming its full year guidance. "Campbell's will always hold a special place in my heart. While I am stepping away a bit earlier than I anticipated, I feel like I have one more act in my career. The Washington Commanders role is a once-in-a-lifetime position that blends my passion for business and love of sports. A leadership role in professional sports is the only thing that would've pulled me away from Campb
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- Campbell Soup (NASDAQ: CPB) had its price target lowered by analysts at Barclays PLC from $49.00 to $46.00. They now have an "underweight" rating on the stock.MarketBeat
CPB
Earnings
- 12/3/24 - Beat
CPB
Sec Filings
- 12/16/24 - Form 144
- 12/4/24 - Form 10-Q
- 12/3/24 - Form 8-K
- CPB's page on the SEC website