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Shreiber, 60, is an international executive with more than 30 years of business experience. From 2000 to 2005, he served as President and CEO of Tetra Pak, a global company headquartered in Switzerland with approximately $12 billion in sales and a recognized leader in packaging and equipment for food products. Shreiber spent 18 years with Tetra Pak, including serving as President, North, Central and South Americas prior to becoming CEO. Since retiring from full-time corporate life in early 2006, he has been active in business through management consulting and executive coaching. He also spent 15 months as Executive in Residence at the International Institute for Management Development (IMD), a leading global business school in Switzerland. Prior to Tetra Pak, Shreiber was a partner at McKinsey & Company, with responsibility for major industrial and service sector clients in Europe and Latin America.
Shreiber succeeds Philip Lippincott, who retired from the Board in November 2008 after 24 years of service. With Shreiber's election, the Campbell Board will consist of 16 members, of whom Douglas R. Conant, Campbell's President and Chief Executive Officer, is the only director who is not independent.
"Nick's global experience and knowledge of the food and packaging industries will complement our Board," said Campbell Chairman Harvey Golub. "His experience in Russia and throughout Europe will be especially beneficial to Campbell's international expansion plans. We look forward to adding another accomplished business leader to our Board."
In addition to his management experience, Shreiber will bring a wealth of academic experience to Campbell. He currently serves as an advisory board member of Goizueta Business School at Emory University and a member of the Board of Overseers of Smolny College in St. Petersburg, Russia. Additionally, he serves on the advisory board of IESE Business School in Spain and is a member of the Society of International Business Fellows.
A native of Argentina, Shreiber earned an engineering degree from Instituto Tecnologico de Buenos Aires and an MBA degree from IMD. As an advocate and champion of higher education, Shreiber funds six "Shreiber Scholarships" at universities in Russia and Argentina.
About Campbell Soup Company
Campbell Soup Company is a global manufacturer and marketer of high-quality foods and simple meals, including soup, baked snacks, and healthy beverages. Founded in 1869, the company has a portfolio of market-leading brands, including "Campbell's," "Pepperidge Farm," "Arnott's," and "V8." For more information on the company, visit Campbell's website at www.campbellsoup.com.
SOURCE: Campbell Soup Company
Campbell Soup Company Anthony Sanzio (Media) 856-968-4390 or Leonard F. Griehs (Analysts) 856-342-6428
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