Campbell CEO Departs as Sales Cool Again

Campbell CEO Departs as Sales Cool Again

Campbell Soup Co. stated that Denise Morrison is stepping down instantly after seven years as chief government and that it could promote some manufacturers after a wager on brisker meals did not revive gross sales.

Campbell’s gross sales have fallen in every of the previous three fiscal years. Efforts to amass and introduce new merchandise like Bolthouse Farms juice and Garden Fresh Gourmet salsa haven’t reversed the slide. In its fiscal third quarter, Campbell on Friday reported a lack of $393 million on gross sales of $2.13 billion.

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