Campbell Soup names industry veteran Mark Clouse as new CEO
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ConAgra (CAG) PT Lowered to $39 at RBC Capital; Sees Stock as Major Value Play
December 21, 2018 8:55 AM ESTRBC Capital analyst David Palmer lowered the price target on ConAgra (NYSE: CAG) to $39.00 (from $43.00) while maintaining a Outperform rating.
Palmer notes "since the announced Pinnacle Foods acquisition on June 27, Conagra's stock is down 38% and its total enterprise value has declined 20%... More
Campbell Soup (CPB) Names Mark A. Clouse President, CEO and Director
December 20, 2018 5:21 PM ESTCampbell Soup Company (NYSE: CPB) today announced that its Board of Directors has elected Mark A. Clouse, 50, as President and CEO of Campbell effective Jan. 22, 2019. Clouse, who previously served as CEO of Pinnacle Foods, Inc., will succeed Campbells interim President and CEO Keith McLoughlin, who will remain a Director of the company and will work closely with Clouse to ensure a seamless transition. Clouse also has been elected a Director.
Clouse brings more than 20 years of experience in the food industry, holding senior management positions at leading companies with iconic center-store brands,... More
