Financial News

Campbell Appoints Joseph Spagnoletti Chief Information Officer

Campbell Soup Company (NYSE:CPB) today announced the appointment of Joseph Spagnoletti, 43, as Senior Vice President and Chief Information Officer. Spagnoletti will report to Campbell President and Chief Executive Officer, Douglas R. Conant.

Spagnoletti succeeds Doreen A. Wright, who led the successful implementation of SAP across the majority of Campbells North American operations. Spagnolettis appointment is effective August 1, 2008.

Spagnoletti will be responsible for overseeing Campbells global information technology (IT) function and providing IT strategy that will help Campbell meet its business goals. He will continue to advance the strategic IT agenda established by Wright and further develop Campbells IT organization into a world-class global function. Spagnoletti will be responsible for completing Campbells SAP implementation and delivering the full benefits of the enterprise resource system for the company. He will lead Campbells worldwide IT department and manage all technical and application information systems.

Conant said, Joe Spagnoletti was selected for this critical role for the character, competence and teamwork he has exhibited during his 11-year career at Campbell. Joe brings a keen business and industry acumen to the role, and he has consistently delivered value beyond the IT function. His appointment reflects the strength of our IT management team and is a testament to Doreen Wrights leadership of the function. I fully anticipate a smooth transition due toour strong IT organization, Joes knowledge of our company, the IT department and its systems, and the close partnership he and Doreen have had for many years.

Commenting on Wrights departure, Conant said, Doreen will leave a lasting legacy on Campbell Soup Company, both within the IT department and beyond. She has made important contributions to Campbells transformation over the past seven years. From an IT perspective, she has led the establishment of a global operating model for the IT function and the strategic and operational leadership of our SAP implementation. Beyond her functional role, Doreen has tangibly improved employee engagement at Campbell through her work with the Office of Diversity, her involvement in Campbells employee networks and her dedication to mentoring programs. I wish Doreen well as she leaves Campbell to spend more time on her life-long passion of supporting the arts. She will be greatly missed.

Spagnoletti has more than 20 years of IT and management experience. He joined Campbell in 1997 as Director IT Food Service and held several positions of increasing responsibility within the IT function. Most recently, he was Vice President IT for Campbell North America where he successfully led several key projects, including the implementation of a trade management system and oversight of North American SAP implementations. Prior to Campbell, Spagnoletti spent seven years as an IT Director at Becton Dickinson. He started his IT career at Hospital Computer Systems and also worked at CIC/DISC.

Spagnoletti earned a Bachelor of Science degree in Computer Science from Albright College in 1986. He serves on Camden, N.J.-based Cooper Health Systems Audit/Ethics Committee.

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 Campbells,Pepperidge Farm, Arnotts, and V8. For more information on the company, visit Campbells website at www.campbellsoup.com.

Contacts:

Campbell Soup Company
Anthony Sanzio (Media)
856-968-4390
or
Leonard F. Griehs (Analysts)
856-342-6428

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