{"id":792103,"date":"2024-12-03T16:03:13","date_gmt":"2024-12-03T21:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/"},"modified":"2024-12-03T16:03:13","modified_gmt":"2024-12-03T21:03:13","slug":"the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/","title":{"rendered":"The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse"},"content":{"rendered":"

<\/p>\n

The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse<\/b><\/p>\n

\nClouse Announces Plans to Retire to Join the NFL\u2019s Washington Commanders as President<\/p>\n

CAMDEN, N.J.–(BUSINESS WIRE<\/a>)–The Campbell\u2019s Company (NASDAQ: CPB) (Campbell\u2019s)<\/b> announced today that its Board of Directors has elected Mick Beekhuizen to succeed Mark Clouse as President and CEO. Beekhuizen has also been elected a Director of the company, both effective Feb. 1, 2025. Until then, Beekhuizen will continue in his role as President, Meals & Beverages.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241203572681\/en\/<\/a><\/p>\n

\"Mick<\/p>\n

Mick Beekhuizen (Photo: Business Wire)<\/p>\n<\/div>\n

\nCampbell\u2019s Chair of the Board of Directors Keith McLoughlin said, \u201cThe Board has had a strong CEO succession process in place for the last several years, and we are fortunate to have a deep bench of talented executives prepared to lead the company as CEO. Mick is a superb leader with a track record of success. The Board is confident that he has all the requisite skills and capabilities to continue to drive the strategy that has delivered consistently strong results and created value for shareholders.\u201d<\/p>\n

\nBeekhuizen will become the 15th CEO in the company\u2019s 155-year history. He joined Campbell\u2019s in September 2019 as Chief Financial Officer and since 2022 has served as President of the company\u2019s $5.3 billion Meals & Beverages division. He is an accomplished leader with a record of financial, commercial and operational excellence. Beekhuizen has delivered strong performance in the Meals & Beverages division and played a key role in the $2.7 billion acquisition and integration of Sovos Brands, Inc. During his tenure as Chief Financial Officer, Beekhuizen led corporate strategy and the finance function, including controllership, tax, treasury, corporate audit, investor relations, corporate development, financial planning and analysis, and shared services, as well as the company\u2019s information technology (IT) group.<\/p>\n

\nPrior to Campbell, Beekhuizen was Executive Vice President and Chief Financial Officer at Chobani from 2016 to 2019, where he played a key role in its growth and expansion. Earlier in his career, he was Executive Vice President and Chief Financial Officer for Education Management Corporation, and a Managing Director at Goldman Sachs in the merchant banking division.<\/p>\n

\n\u201cIt is a tremendous honor to have been selected by the Board to lead this iconic company,\u201d said Beekhuizen. \u201cI am energized by the opportunity to work with the Campbell\u2019s team to accelerate the successful strategy that has led to our strong business performance and industry-leading employee engagement.\u201d<\/p>\n

Clouse Retires to Join NFL\u2019s Washington Commanders as President<\/b><\/p>\n

\nClouse, who has served as President and Chief Executive Officer since January 2019, advised the Board that he plans to retire as Campbell\u2019s President and CEO and a Director and from the consumer packaged goods industry on Jan. 31, 2025 to become President of the NFL\u2019s Washington Commanders.<\/p>\n

\n\u201cMark has been a transformational leader for the past six years and has positioned Campbell\u2019s for ongoing success,\u201d said McLoughlin. \u201cHe has assembled one of the top leadership teams in food and together they have built one of the best portfolios in the industry. We are grateful for Mark\u2019s many contributions, which will have lasting impact on Campbell\u2019s business and culture.\u201d<\/p>\n

\nSince joining Campbell\u2019s in 2019, Clouse has led a transformation to reshape the company\u2019s portfolio toward category-leading brands and made soup a key element of the company\u2019s growth strategy. Under Clouse\u2019s leadership, the company has delivered strong business results. He rebuilt foundational capabilities, invested in people and brands, created a highly engaged culture with strong leaders and turned its supply chain into a competitive advantage. In 2024, the company acquired Sovos Brands, Inc., adding one of the fastest growing brands in all of food with Rao\u2019<\/i>s to accelerate Campbell\u2019s strategy and provide a substantial runway for sustained profitable growth.<\/p>\n

\nClouse said, \u201cI am immensely proud of what we have accomplished at Campbell’s over the last six years. We have built what I believe is the best portfolio in food, and the company has never been better positioned for sustainable growth. The company is in excellent hands with Mick at the helm. I want to thank the entire Campbell’s team for their support and commitment to the strategy we have executed together. Campbell\u2019s will always hold a special place in my heart. While I am stepping away a bit earlier than I anticipated, I feel like I have one more act in my career. The Washington Commanders role is a once-in-a-lifetime position that blends my passion for business and love of sports. A leadership role in professional sports is the only thing that would\u2019ve pulled me away from Campbell\u2019s.\u201d<\/p>\n

First-quarter Earnings Conference Call and Webcast<\/b><\/p>\n

\nCampbell’s will host a conference call as previously scheduled to discuss first-quarter fiscal 2025 earnings results on Wednesday, December 4, 2024 at 8:00 a.m. Eastern Time. Participants calling from the U.S. & Canada may dial in using the toll-free phone number (800) 715-9871. Participants calling from outside the U.S. & Canada may dial in using phone number +1 (646) 307-1963. The conference access code is 7969519. In addition to dial-in, access to a live listen-only audio webcast and accompanying slide presentation, as well as a replay of the webcast, will be available at https:\/\/investor.thecampbellscompany.com\/events-presentations<\/a>.<\/p>\n

About The Campbell\u2019s Company<\/b><\/p>\n

\nFor 155 years, The Campbell\u2019s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. Our portfolio of 16 leadership brands includes: Campbell\u2019s<\/i>, Cape Cod<\/i>, Chunky<\/i>, Goldfish<\/i>, Kettle Brand<\/i>, Lance<\/i>, Late July<\/i>, Pace<\/i>, Pacific Foods<\/i>, Pepperidge Farm<\/i>, Prego<\/i>, Rao\u2019s<\/i>, Snack Factory<\/i> pretzel crisps, Snyder\u2019s of Hanover<\/i>, Swanson<\/i> and V8<\/i>. For more information, visit www.thecampbellscompany.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241203572681\/en\/<\/a><\/span><\/p>\n

Investor Contact:
\n<\/b>
Rebecca Gardy
\n
(856) 342-6081
\n
Rebecca_Gardy@campbells.com
\n<\/a><\/p>\n

Media Contact:
\n<\/b>
James Regan
\n
(856) 219-6409
\n
James_Regan@campbells.com<\/a><\/p>\n

KEYWORDS:<\/b> New Jersey United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Supermarket Retail Other Retail Food\/Beverage<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n
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<\/font><\/td>\n<\/tr>\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Mick Beekhuizen (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
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Mark Clouse (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse Clouse Announces Plans to Retire to Join the NFL\u2019s Washington Commanders as President CAMDEN, N.J.–(BUSINESS WIRE)–The Campbell\u2019s Company (NASDAQ: CPB) (Campbell\u2019s) announced today that its Board of Directors has elected Mick Beekhuizen to succeed Mark Clouse as President and CEO. Beekhuizen has also been elected a Director of the company, both effective Feb. 1, 2025. Until then, Beekhuizen will continue in his role as President, Meals & Beverages. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241203572681\/en\/ Mick Beekhuizen (Photo: Business Wire) Campbell\u2019s Chair of the Board of Directors Keith McLoughlin said, \u201cThe Board has had a strong CEO succession process in … <\/p>\n

Continue reading “The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-792103","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse Clouse Announces Plans to Retire to Join the NFL\u2019s Washington Commanders as President CAMDEN, N.J.–(BUSINESS WIRE)–The Campbell\u2019s Company (NASDAQ: CPB) (Campbell\u2019s) announced today that its Board of Directors has elected Mick Beekhuizen to succeed Mark Clouse as President and CEO. 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Beekhuizen has also been elected a Director of the company, both effective Feb. 1, 2025. Until then, Beekhuizen will continue in his role as President, Meals & Beverages. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241203572681\/en\/ Mick Beekhuizen (Photo: Business Wire) Campbell\u2019s Chair of the Board of Directors Keith McLoughlin said, \u201cThe Board has had a strong CEO succession process in … Continue reading \"The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-03T21:03:13+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20241203572681\/en\/2321594\/4\/Mick_Beekhuizen.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse","datePublished":"2024-12-03T21:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/"},"wordCount":1073,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20241203572681\/en\/2321594\/4\/Mick_Beekhuizen.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-campbells-company-board-of-directors-elects-mick-beekhuizen-chief-executive-officer-to-succeed-mark-clouse\/","name":"The Campbell\u2019s Company Board of Directors Elects Mick Beekhuizen Chief Executive Officer to Succeed Mark Clouse - 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