Campbell: Sends Letter to Shareholders

Camden / NJ. (csc) Campbell Soup Company announced it has filed definitive proxy materials, including its definitive proxy statement and «Gold» proxy card, with the U.S. Securities and Exchange Commission (SEC) in connection with Campbell’s 2018 Annual Meeting of Shareholders, scheduled for November 29, 2018. Campbell shareholders of record as of the close of business on Oct. 9, 2018 will be entitled to vote at the Annual Meeting. In addition to filing these proxy materials, Campbell sent a letter to its shareholders. In the letter, Campbell:

  • Summarizes the results of its comprehensive Board-led strategy and portfolio review and the significant actions that are underway to focus Campbell’s portfolio, improve performance and maximize shareholder value;
  • Highlights the strength and experience of its directors and why it has the right Board to lead Campbell going forward;
  • Highlights the strength of its new management team; and
  • Discusses why Third Point’s actions are not in shareholders’ best interests and its proposed nominees lack the required skills and expertise to oversee a public company like Campbell and its iconic brands.

Campbell strongly recommends that shareholders vote to support the current Campbell Board of Directors with a vote on the «Gold» proxy card. In conjunction with the definitive proxy filing, Campbell mailed the letter to shareholders, available on CampbellSoupCompany.com and launched CampbellsStrategy.com.

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