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[$$] Campbell CEO Departs After Bet On Fresh Food Falls Short

Campbell Soup Co. chief Denise Morrison stepped down on Friday and the company said it might sell some brands, after a bet on fresher foods under her leadership failed to revive sales. Campbell’s U.S. soup sales—its core business—fell in all but one year of Ms. Morrison’s seven-year tenure. Efforts to enter the faster-growing fresh-food business, through the acquisition of Bolthouse Farms juice for instance, hit their own hurdles.