Sector News

Campbell Soup eliminates chief operating officer role

April 9, 2019
Consumer Packaged Goods

Campbell Soup Co. has eliminated the role of chief operating officer. Luca Mignini, formerly senior vice-president and c.o.o., has transitioned to the role of executive vice-president – strategic initiatives.

According to Campbell Soup, Mr. Mignini will remain in his new role until Aug. 1, at which point his role will be eliminated.

Mr. Mignini had been promoted to c.o.o. in April 2018 to go along with his title of president of Global Business and Snacks. With the promotion to c.o.o. he was tasked with the additional responsibilities of managing Campbell’s soup, simple meals and shelf-stable beverage businesses, the company’s sales organization and global product development.

The announcement was made as part of an April 2 filing with the U.S. Securities and Exchange Commission. In the filing, Campbell Soup also announced Keith R. McLoughlin had been elected chairman to succeed the retiring Les C. Vinney.

By Eric Schroeder

Source: Food Business News

comments closed

Related News

February 25, 2024

The Body Shop faces store closures, layoffs and ingredient surplus after Aurelius acquisition

Consumer Packaged Goods

Recent reports reveal The Body Shop will shut up to half of its 198 stores in the UK and cut the size of its head office, incurring hundreds of job losses. According to the firm overseeing the restructuring of the beauty retailer, closures will begin this Tuesday.

February 25, 2024

Kroger and Albertsons face lawsuits to block $24.6bn merger – Bloomberg

Consumer Packaged Goods

Amidst brewing tensions, the US Federal Trade Commission (FTC) and a coalition of states are poised to take legal action as early as next week, aiming to prevent grocery giant Kroger’s $24.6 billion acquisition bid for Albertsons, Bloomberg reported.

February 25, 2024

Diageo reportedly in talks to offload trio of brands, including Pimm’s

Consumer Packaged Goods

The owner of Guinness and Baileys has hired financial service group Rothschild to explore the sale, which includes Pimm’s, fruit liqueur brand Safari and Pampero rum. Each brand could be offloaded individually or as a three, according to Sky News.

How can we help you?

We're easy to reach