21 May 2018 --- Campbell Soup has announced that its CEO Denise Morrison is retiring immediately and be replaced by board member Keith McLoughlin as interim CEO. It came as shares in Campbell Soup, which recently acquired the Snyder's-Lance snack company, were down 11 percent at US$34.85 in early trading and the company reported a loss of $393 million on sales of $2.13 billion, or US$1.31 per share, in the quarter ended April 29, compared with a profit a year ago. This was mainly due to a US$647 million charge for its Campbell Fresh division, which is now being reviewed.
