Campbell Appoints Daniel L. Poland Executive Vice President and Chief Supply Chain Officer

Rhea-AI Summary

Campbell Soup Company (NYSE:CPB) announces the retirement of Bob Furbee after 38 years, effective April 2022. Daniel L. Poland is appointed as Executive Vice President and Chief Supply Chain Officer, starting January 10, 2022. Poland has extensive experience in the consumer packaged goods industry, previously serving as COO of KIND Snacks and in senior roles at Pinnacle Foods and WhiteWave Foods. The leadership transition aims to ensure continuity in Campbell's supply chain amid challenges.

Positive

• Poland's extensive background in supply chain management may strengthen Campbell's operations.
• Fresh leadership perspective could enhance growth and efficiency during supply chain challenges.

Negative

• Furbee's retirement may create a continuity gap in leadership.
• Transitioning to a new executive could pose risks in maintaining established supply chain strategies.

Bob Furbee to retire after nearly four decades with Campbell

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE:CPB) today announced the appointment of Daniel L. Poland as Executive Vice President and Chief Supply Chain Officer, effective Jan. 10, 2022. Poland succeeds Bob Furbee who informed the company of his intent to retire after 38 years of service. Furbee will remain with Campbell until April 2022 and work with Poland to ensure a smooth transition.

Campbell Appoints Daniel L. Poland Executive Vice President and Chief Supply Chain Officer (Photo: Business Wire)

Poland will lead Campbell’s end-to-end supply chain function including procurement, food safety and quality, occupational health and safety, engineering, planning and logistics, and all manufacturing sites and the company’s network of contract manufacturers. He will report to Campbell’s President and Chief Executive Officer Mark Clouse and become a member of the Campbell Leadership Team and a Corporate Officer.

Poland has extensive experience in the consumer packaged goods (CPG) industry, having served in senior supply chain, operations, plant management and research and development roles with large, leading corporations and high-growth companies. Poland joins Campbell from KIND Snacks where he was Chief Operating Officer since 2019. Prior to that, he was Executive Vice President and Chief Supply Chain Officer at Pinnacle Foods. He also spent several years as Vice President of North America Supply Chain for WhiteWave Foods. Earlier in his career, Poland spent approximately 15 years at the H.J. Heinz Company, where he held roles ranging from Plant Manager through Chief Supply Chain Officer of Heinz North America. He began his career at Nestle and Gerber.

“Dan has leadership experience at all levels of the CPG supply chain, from his early career as a plant manager to senior cross-functional roles across the industry. His track record of building high-performing teams and driving execution will be invaluable as we continue to deliver growth while also navigating one of the most dynamic and challenging supply chain environments in decades,” said Clouse.

Poland earned his B.S. in agricultural engineering from Michigan State University and his MBA from the University of Iowa.

Furbee to retire after nearly 40 years with Campbell

Furbee, Executive Vice President, Global Supply Chain, has been with Campbell since 1984, holding roles of increasing responsibility across manufacturing, operations, sourcing and quality, both in the U.S. and internationally. During his career, he led the development and implementation of the company’s supply chain strategy, championed safety performance and transformed Campbell’s quality function. Furbee has led Campbell’s supply chain through the COVID-19 pandemic.

Clouse said, “Bob has had a remarkable career at Campbell, spanning nearly four decades, and has been a true partner as we executed our transformation plan. He has played a crucial role as we navigated a truly unprecedented environment over the last 22 months. We are deeply grateful for his contributions and wish him the best in his retirement.”

About Campbell Soup Company

For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. Our portfolio includes iconic brands such as Campbell’s, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyder’s of Hanover, Swanson and V8. Campbell has a heritage of giving back and acting as a good steward of the environment. The company is a member of the Standard & Poor's 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220104005819/en/

Investor Contact:

Rebecca Gardy

(856) 342-6081

Rebecca_Gardy@campbells.com

Media Contact:

James Regan

(856) 219-6409

James_Regan@campbells.com

Source: Campbell Soup Company

FAQ

Who is the new Chief Supply Chain Officer at Campbell Soup Company?

Daniel L. Poland is appointed as the new Executive Vice President and Chief Supply Chain Officer, effective January 10, 2022.

Why is Bob Furbee retiring from Campbell Soup Company?

Bob Furbee is retiring after nearly 40 years of service, having informed the company of his intent to step down.

What impact might Daniel L. Poland's leadership have on Campbell Soup Company's supply chain?

With extensive experience in supply chain management, Poland's leadership may improve operations and address current supply chain challenges.

When will Bob Furbee officially retire from Campbell Soup Company?

Bob Furbee's retirement will be effective in April 2022.