Campbell CEO to step down
Campbell Soup Co. said Chief Executive Douglas R. Conant planned to leave at the end of its fiscal year.
Conant, 59, will step down July 31. Denise Morrison will become executive vice president and chief operating officer as of Friday in anticipation of her election to succeed Conant, Campbell said.
Conant has held the top job for almost a decade, joining Campbell in January 2001 from Nabisco Foods Co., now part of Kraft Foods Inc.