Campbell Board Elects William Perez as a Director

Former Wrigley CEO Brings Wealth of Long and Varied Experience

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) announced today that its Board of Directors has elected William Perez, former Chief Executive Officer of Wm. Wrigley Jr. Company, to the Board, effective today.

“Bill’s long and varied experience with leading global consumer businesses will be invaluable to our Board”

Perez, 61, has had a distinguished career in the consumer packaged goods industry. Most recently he served as President and CEO of Wrigley, the world’s leading maker of chewing and bubble gum. Perez was also President and CEO of Nike, Inc. from 2004 to 2006.

Perez began his career in 1970 at S.C. Johnson & Son, Inc., where he held numerous roles, including President and Chief Operating Officer. During his tenure as S.C. Johnson’s CEO from 1996 to 2004, the company’s revenue doubled. In the course of his career, Perez has proven adept at leading organizations with numerous brands and at expanding global businesses.

“Bill’s long and varied experience with leading global consumer businesses will be invaluable to our Board,” said Campbell Chairman Harvey Golub. “We are thrilled to add an outstanding business leader with such a broad range of relevant experience. Bill’s knowledge of global consumer packaged goods will be a great benefit to the company.”

In addition to his executive roles, Perez brings a wealth of board experience to Campbell. He is currently a director of the Johnson & Johnson Company, and has previously served on the boards of Wrigley, Hallmark Cards, Kellogg Company, Nike, Inc., May Co. and S.C. Johnson and Son. Perez is also a trustee of Cornell University, Northwestern Memorial Hospital and the Chicago Boys and Girls Club.

Perez earned a Bachelor of Science degree from Cornell University and a graduate degree from the American Graduate School of International Management.

With Perez’s election, the Campbell Board consists of 15 members, of whom Douglas R. Conant, Campbell’s President and Chief Executive Officer, is the only director who is not independent. Perez succeeds Kent Foster, who retired from the Board in March 2008 after 12 years of service.

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of high-quality foods and simple meals, including soup, baked snacks, and healthy beverages. Founded in 1869, the company has a portfolio of market-leading brands, including “Campbell’s,” “Pepperidge Farm,” “Arnott’s,” and “V8.” For more information on the company, visit Campbell’s website at www.campbellsoup.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5976690&lang=en