Finance leadership transition
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Campbell’s taps Hershey finance vet for CFO chair
Yahoo Finance· 2025-10-08 15:49
Group 1: CFO Changes - Carrie Anderson is leaving her position as CFO of Campbell's after less than three years, with no immediate details on her future plans [3] - Freshpet has appointed Ivan Garcia as interim CFO, effective October 17 [3] - This year marks the fourth and fifth CFO changes in the US food sector, indicating the most active year since 2022, according to J.P. Morgan analysts [4] Group 2: New CFO Appointment - Todd Cunfer has been appointed as the new CFO of Campbell's, effective October 20, succeeding Carrie Anderson [8] - Cunfer brings over 25 years of finance and operational experience in the consumer-packaged goods industry, primarily in the food sector [5] - Cunfer will receive a base salary of $725,000 per year and a one-time cash payment of $1.2 million for forfeited equity awards [5] Group 3: Company Performance - Campbell's reported $2.3 billion in net sales for its fiscal 2025 fourth quarter, a 1% increase compared to the previous year [7] - Organic net sales decreased by 3% to $2.2 billion, excluding the impact of an additional week in the quarter and divestitures [7]
Eric Mason’s move from Quincy, Massachusetts CFO to advising municipalities
Yahoo Finance· 2025-09-19 09:32
One of the coolest parts was that they pre-scheduled meetings not just with my team but with others who hold CFO roles across our client consulting and advisory organization, even in other states. I met a colleague at a similar CFO function in Minnesota and another in Rhode Island. Those conversations had no agenda. It was just, here’s someone who does your job, [now] ask them what you want. That gave me perspective on the nitty-gritty day-to-day, the things you can’t put on paper.At CLA, the onboarding pro ...