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CAMDEN, N.J. - The Campbell’s Company (NASDAQ:CPB), currently trading near its 52-week low of $30.46 and maintaining a remarkable 55-year streak of consecutive dividend payments, announced Tuesday the appointment of Todd Cunfer as Executive Vice President and Chief Financial Officer, effective Oct. 20, 2025. According to InvestingPro, the company offers an attractive 5.2% dividend yield, though 9 analysts have recently revised their earnings expectations downward.
Cunfer, who brings over 25 years of finance and operational experience in the consumer packaged goods industry, will report to Campbell’s President and CEO Mick Beekhuizen and join the company’s Operating Committee as an Executive Officer.
In his new role, Cunfer will lead Campbell’s finance function, including controllership, corporate financial planning and analysis, corporate strategy and development, tax, treasury, internal audit, investor relations, transactional services, and financial systems.
Cunfer most recently served as Chief Financial Officer at Freshpet (NASDAQ:FRPT) since 2022. Prior to that, he was Chief Financial Officer at Simply Good Foods Company (NASDAQ:SMPL) from 2017 to 2022. His career also includes more than two decades in senior finance roles at The Hershey Company (NYSE:HSY).
"With more than two decades of food industry experience, he brings the expertise and perspective we need at this moment," said Beekhuizen in a statement released by the company.
Cunfer holds a B.A. in finance from the College of William and Mary and an M.B.A from the University of Virginia Darden School of Business.
He succeeds Carrie Anderson, who is leaving Campbell’s to pursue other opportunities, according to the company’s press release.
Campbell’s, headquartered in Camden since 1869, reported fiscal 2025 net sales of $10.3 billion across its Meals & Beverages and Snacks divisions.
In other recent news, Campbell Soup reported net sales of $10.3 billion for fiscal 2025, reflecting the company’s ongoing performance in its Meals & Beverages and Snacks divisions. The Board of Directors declared a regular quarterly dividend of $0.39 per share, payable on November 3, 2025, to shareholders of record on October 2, 2025. In a strategic leadership move, Campbell’s appointed Kelly L. Palumbo as Senior Vice President, Controller, and Chief Accounting Officer, effective September 22, 2025. This appointment follows the transition of Stanley Polomski to Senior Vice President, Business Process Optimization. In analyst actions, CFRA raised its price target for Campbell Soup to $37.00, maintaining a Hold rating based on cost savings and earnings projections. Meanwhile, DA Davidson reiterated its Neutral rating with a $32.00 price target after discussions with Campbell’s executives. These developments highlight Campbell’s strategic adjustments and financial expectations.
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