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Sarah Halzack

Campbell’s New CEO Brings the Right Ingredients

A seasoned veteran brings industry know-how and deal experience to the struggling soup giant, and his hiring should satisfy activist Third Point.

It won’t be easy. 

It won’t be easy. 

Photographer: Andrew Harrer/Bloomberg

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In its search for a growth recipe, Campbell Soup Co. is turning to a seasoned executive chef.

The packaged-food giant announced Thursday it had selected Mark Clouse as its next CEO, concluding a months-long search that kicked off after Denise Morrison’s abrupt departure from the top job earlier this year.