Campbell Soup Company (NYSE:CPB) today announced the appointment of B. Craig Owens as Senior Vice President and Chief Financial Officer (CFO) and Chief Administrative Officer (CAO). Owens, 53, will report to Campbell President and Chief Executive Officer, Douglas R. Conant. His appointment is effective October 6, 2008.

As CFO, Owens will have direct management responsibility for Campbell’s Controller’s, Corporate Development, Investor Relations, Corporate Audit, Treasury and Tax departments. He succeeds Robert A. Schiffner, who stepped down as CFO on August 1, 2008. Schiffner will retire from the company on January 31, 2009, and in the interim will assist in Owens’ transition. As CAO, a newly created position, Owens will have oversight responsibility for Campbell’s Information Technology and Global Supply Chain functions.

Owens will join Campbell from the Delhaize Group (NYSE: DEG), where he has been Executive Vice President and CFO since 2001. Delhaize Group is a food retailer headquartered in Belgium with approximately 2,600 stores in seven countries and more than $26 billion in annual revenues. The company’s Delhaize U.S. division includes supermarket chains Food Lion, Hannaford and Sweetbay.

Prior to Delhaize, Owens held several general management and senior financial positions with The Coca-Cola Company and various Coca-Cola bottlers from 1981 to 2001. Those positions included Region Director of Coca-Cola HBC, the largest European soft drink company, President and Chief Executive Officer of Coca-Cola Enterprise France, and Controller of all Coca-Cola Company-owned bottlers in the U.S.

Conant said, “We are very excited to have Craig Owens join the Campbell team. His strong financial acumen and global food and beverage industry experience make him an ideal choice to be our Chief Financial Officer. We are also very pleased to be able to draw on Craig’s extensive general management expertise, including his experience managing supply chain and information technology functions, from nearly two decades with Coca-Cola. Campbell is making great strides in strengthening our global supply chain and information technology functions, and I am confident that Craig's experience in these areas will build upon the excellent work we already have underway.”

Owens said, “I am thrilled to be joining Campbell. I was attracted to the company by its portfolio of leading brands, excellent management team and strong culture of employee engagement. I look forward to working with a team of dedicated professionals and contributing to Campbell’s continued success.”

Owens earned a B.A. degree in politics from Washington and Lee University and an M.B.A. from The Wharton School of Business of the University of Pennsylvania. Owens also earned an M.A. from the Fletcher School of Law and Diplomacy at Tufts University.

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.

Contacts:

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