Description: (Reuters) – Campbell Soup Co’s board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the company seeks to fend off a proxy challenge from Daniel Loeb’s hedge fund, Third Point LLC, people familiar with the matter said.

Source: Yahoo.com – Reuters

Date: Sep 10, 2018

Link: https://ca.finance.yahoo.com/news/exclusive-campbell-soup-steps-ceo-search-coo-contender-135036632–sector.html

Questions for discussion:

• What does this report say about the selection process taking place at Campbell Soup?
• What are the competing directives within the organization seeking to control the management?
• Do you think the firm will be directed towards a merger or acquisition?