Campbell Board Elects Maria Teresa Hilado as Director

Campbell Soup Company (NYSE:CPB) today announced that the company’s Board of Directors has elected Maria Teresa (Tessa) Hilado as a member of the Board, effective today.

Hilado, 53, has more than 30 years of experience in finance and treasury with several leading multinational companies across a variety of industries. She recently retired from global pharmaceutical company Allergan plc after serving as Executive Vice President and Chief Financial Officer from Dec. 2014 to Feb. 2018. Previously, she served as Senior Vice President of Finance and Treasurer for PepsiCo, Inc. for five years. Earlier in her career, Hilado spent more than 17 years with General Motors Company in leadership roles of increasing responsibility, most notably Assistant Treasurer, and Chief Financial Officer, GMAC Commercial Finance LLC. She began her career with Far East Bank & Trust Co., in Manila, Philippines.

“We are excited to welcome Tessa to Campbell’s Board of Directors,” said Les Vinney, Chairman of the Board. “Tessa is a strategic leader with three decades of demonstrated financial expertise in leading roles at several large, global corporations. Her experience in the CPG and health and wellness industries will provide Campbell's Board with valuable insights. Tessa will be a welcomed addition to our Board.”

Hilado is currently a member of the H.B. Fuller Company board of directors. She previously sat on the board of Bausch + Lomb. Hilado earned a Bachelor of Science degree from Ateneo de Manila University in the Philippines and a Masters in Business Administration from the University of Virginia’s Darden Graduate School of Business.

With Hilado’s election, Campbell’s Board of Directors will consist of 13 members. Denise M. Morrison, President and Chief Executive Officer, is the only member of management who sits on the Board.

About Campbell Soup Company

Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s moments.” We make a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods. For generations, people have trusted Campbell to provide authentic, flavorful and readily available foods and beverages that connect them to each other, to warm memories and to what’s important today. Led by our iconic Campbell’s brand, our portfolio includes Pepperidge Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal Dansk, Kjeldsens, Garden Fresh Gourmet and Pacific Foods. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet’s natural resources. The company is a member of the Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. To learn more about how we make our food and the choices behind the ingredients we use, visit www.whatsinmyfood.com.

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