The Campbell’s Company Board Elects Mary Alice Dorrance Malone Jr. as Director

CAMDEN, N.J.--(BUSINESS WIRE)-- The Campbell's Company (NASDAQ:CPB) today announced that the company’s Board of Directors has elected Mary Alice Dorrance Malone Jr. as a member of the Board. Malone, 42, is the Founder and Chief Brand Director of Malone Souliers, an international luxury fashion brand.

Mary Alice Dorrance Malone Jr.

“We are pleased to welcome Mary Alice to Campbell’s Board of Directors,” said Keith R. McLoughlin, Chair of the Board. “Mary Alice’s unique blend of creative, analytical and entrepreneurial experience and deep appreciation of Campbell’s history will be an asset to the Board and the company.”

With nearly 20 years in the fashion industry, Malone has built and led successful businesses. She is experienced in general management, retail sales and brand building. In 2014, she founded Malone Souliers, a luxury footwear brand with global distribution and a reputation for beautifully crafted collections. In 2020, Malone acquired U.K.-based Duo Boots out of bankruptcy and successfully relaunched the forty-year-old footwear brand following improvements in operations and product development.

Malone is the great-granddaughter of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the granddaughter of John T. Dorrance Jr., a former Chair of the company from 1962-1984. She is the eldest daughter of long-time board member Mary Alice Dorrance Malone who served on the board from 1990 until her recent passing in June 2025.

Malone earned her B.A. in international politics from Elon University and studied design and manufacturing at the University of the Arts, Denver and London College of Fashion.

About The Campbell's Company

For more than 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted Campbell's to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. The Campbell's portfolio of 16 leadership brands includes: Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory pretzel crisps, Snyder’s of Hanover, Swanson and V8. For more information, visit www.thecampbellscompany.com.

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Investor Contact:

Rebecca Gardy

(856) 342-6081

Rebecca_Gardy@campbells.com



Media Contact:

James Regan

(856) 219-6409

James_Regan@campbells.com

Source: The Campbell's Company