Financial News

Campbell Appoints David Stangis Vice President Corporate Social Responsibility

Campbell Soup Company (NYSE:CPB) today announced the appointment of David P. Stangis as Vice President - Corporate Social Responsibility (CSR), a new position at the company.

Stangis, 43, will be responsible for designing Campbells overarching CSR strategy, including its efforts to promote environmental sustainability. Working closely with senior leaders, Stangis will build on Campbells ongoing work in this area and oversee the development of CSR goals, policies and programs for the company. He will be based at Campbells headquarters in Camden and will report to Ellen Oran Kaden, Senior Vice President - Law and Government Affairs.

Stangis has significant experience in corporate social responsibility, having worked in the Environment, Health and Safety (EHS) or CSR fields for more than 20 years. He joins Campbell from Intel Corporation, where he was Global Director, Corporate Responsibility for the last eight years with responsibility for developing Intels CSR strategies and coordinating those strategies with business units.

During his tenure as Global Director, Stangis was instrumental in attaining the top spot for Intel in the Dow Jones Sustainability Index for seven straight years, as well as the No. 1 corporate citizen ranking for the Russell 1000 companies according to CRO Magazine. He served on Intels Ethics and Compliance Oversight Committee and facilitated the companys CSR Management Review Committee and Executive CSR Council.

Stangis spent 11 years at Intel in a variety of roles, including External Affairs Manager and Senior Engineer, Environment, Health and Safety. Prior to Intel, Stangis worked for several environmental engineering firms.

Douglas R. Conant, Campbells President and Chief Executive Officer said, Dave is a well-known leader in the area of corporate social responsibility. His experience, knowledge and relationships will be invaluable to Campbell as we enhance our CSR strategies and programs. In the coming years, Dave will lead Campbells efforts to build upon the programs outlined in our CSR report and communicate to our stakeholders with increasing detail and transparency.

In August, Campbell published its 2008 corporate social responsibility report, entitled Nourishing Peoples Lives, which describes the companys strategies, policies, programs and initiatives to implement its commitment to corporate social responsibility, including environmental sustainability. Copies of the report are available at: http://www.campbellsoupcompany.com/csr/default.asp.

Stangis said, I'm excited and honored to be joining Campbell. The company has an excellent management team, a culture of engagement and a corporate commitment to advance a powerful CSR and sustainability strategy. Campbell is an iconic company with all the ingredients to become a global benchmark in CSR. I look forward to taking on that challenge for the company.

Stangis earned his B.S. degree from the University of Detroit. He holds an M.B.A. from the University of Michigan and a Master of Science in Occupational and Environmental Health from Wayne State University in Detroit. He is on the advisory boards of Net Impact, The Boston College Center for Corporate Citizenship and Ethical Corporation Magazine. Stangis was recently named one of the 100 Most Influential People in Business Ethics by Ethisphere Magazine.

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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