The Campbell Soup Company has announced that Les C. Vinney has chosen to retire as Chairman of the Board and as a director due to personal commitments.
The Board of Directors has elected Keith R. McLoughlin to succeed Vinney as Chairman.
The Board also announced the appointment of J.P. Bilbrey, former Chief Executive Officer (CEO) of The Hershey Company, to the Board, as well as the retirement of Sara Mathew.
Les C. Vinney
Vinney, 70, joined the board in 2003, serving as chairman since 2015. Vinney was formerly President and CEO of STERIS Corporation, a leading provider of medical supplies.
Vinney said that it has been an honour to serve as a director and as Chairman of the Campbell Soup Company.
“The Board is fortunate to have a strong and capable leader in Keith [McLoughlin], whose steady direction has been indispensable over the last year,” he said.
“He has been an advisor and asset to me, our fellow Board members, Campbell’s leadership team and our employees. His role as Interim President and CEO of Campbell make him uniquely qualified and the logical choice to take on the role of Chairman at this important time in Campbell’s history.”
Keith R. McLoughlin
McLoughlin, 62, has been a Campbell director since 2015 and recently served as Campbell’s Interim President and CEO from May 2018 until January 2019, stepping down when Mark Clouse began as President and CEO.
“During my time as Interim President and CEO, I gained a deeper knowledge of the company’s operations, and in working closely with leadership, believe we have made significant progress in focusing the company,” McLoughlin said.
“Les has made many important contributions during his 16 years on the Campbell Board and provided critical leadership during a pivotal period in our company’s history. On behalf of the entire Campbell Board of Directors, we thank Les for his service and wish him well in retirement.”
McLoughlin also welcomed JP Bilbrey, 62, to the board. Bilbrey served President and CEO of The Hershey Company from 2011 to 2017 and Chairman of the Board from 2015 to 2018.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.