CAMPBELL'S Business Summary

The Campbell’s Company (CPB) generates revenue through the manufacture and marketing of a diverse portfolio of branded convenience food products, primarily sold to retail and foodservice customers across North America. As of fiscal 2026, the company operates through two streamlined business segments: Meals & Beverages and Snacks. The Meals & Beverages division encompasses iconic brands such as Campbell’s, Swanson, Prego, V8, and the high-growth Rao’s label, following the 2024 acquisition of Sovos Brands and the 2026 integration of Latin American retail operations into this segment. The Snacks division focuses on high-velocity brands including Goldfish, Pepperidge Farm, Snyder’s of Hanover, and Kettle Brand. Positioned as a North American brand powerhouse, Campbell’s competes directly with Kraft Heinz (KHC), Conagra Brands (CAG), and General Mills (GIS), maintaining a dominant market share in the condensed soup category while aggressively expanding its footprint in the premium snacking and Italian sauce markets. Founded in 1869 by Joseph Campbell and Abraham Anderson in Camden, New Jersey, the company is currently led by President and CEO Mick Beekhuizen, who assumed the role in February 2025 after serving as the company’s CFO. The executive team was further bolstered in late 2025 and early 2026 with the appointments of Todd E. Cunfer as Executive Vice President and CFO—bringing extensive finance experience from Freshpet and The Hershey Company—and Mohit Anand as EVP and President of the Snacks Division. Risa Cretella serves as EVP and President of Meals & Beverages, overseeing the integration of the Rao’s brand. The company’s governance is notable for the continued involvement of the founding family, with major shareholders and board members including Mary Alice Dorrance Malone and Bennett Dorrance Jr., alongside other prominent directors such as Grant H. Hill and Keith R. McLoughlin.