CEO Mark Clouse Discusses Holiday Shopping Trends
Adding to the company’s difficulties is an ongoing internal power struggle. The Dorrance family, which owns 40% of Campbell’s shares, is in conflict with activist investor Daniel Loeb of Third Point, who holds about 7% of the stock. Loeb is pushing for radical changes, including rebranding the company and altering Campbell’s iconic red and white cans, which has led to legal disputes over alleged mismanagement.
Recently, Campbell’s agreed to appoint two directors nominated by Third Point, signaling possible changes as the company fights to survive.
Thanks for your SHARES!
Baking Soda Shampoo: for Hair Growth
Recipe for Pasta Fagioli Soup
Add this to the water. Even when you don’t clean the floor in a week, it will remain clean without any dust
10 Warning Signs Your Kidneys May Be in Danger
Crunchy Potato Delights: A Delectable Delightful Treat
Boost Your Body Naturally: 6 Juice Recipes for Common Health Issues