But Mr. McLoughlin, the interim chief executive, said that Mr. Loeb and his deputies had painted an overly pessimistic picture of the company. Descendants of John T. Dorrance, a chemist who created condensed soup at the turn of the last century, own more than 40 percent of Campbell shares. Campbell's Soup Mansion! | Top Ten Real Estate Deals But they say Mr. Loeb is just looking to make a quick profit on his investment and doesnt have the companys long-term interests at heart. Dorrance is the longest-serving member of Campbells Board of Directors with 33 years of service. Pin. 2. For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Our family at Dragon Heart Farm wishes you, Mamey Sapote Arizona that sometimes houses his vintage car collection. in art history from Princeton University and a masters degree in sustainable leadership from Arizona State University. Dorrance is the longest-serving member of Campbells Board of Directors with 33 years of service. (One of the artists soup can paintings hangs in the companys boardroom.). Third Point, Mr. Loebs hedge fund in Manhattan, is pushing for the sale or restructuring of Campbell, a slumping food giant that has called Camden, N.J., home for nearly 150 years. language. Dorrance Jr. is also a member of the Board of Directors of the Julie Ann Wrigley Global Institute of Sustainability at Arizona State University. Investors: . By submitting this form, you agree to receive communications, including product information, from Campbell Soup Company. The palatial estate is nestled on 50 private open and wooded acres and consists of the French Normandy-style mansion of 14,467 square feet. They are fearful of outsiders, fearful of their wealth being taken away. Third Point has proposed modernizing labels on Campbells trademark red-and-white cans, an icon whose status in American culture was immortalized by Andy Warhol. Campbell has $8 billion in annual revenue and owns a portfolio of brands that includes Pepperidge Farm, Prego and V8. [email protected], Rebecca Gardy
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