You may also encounter The Campbell Soup Co. announced that Bennett Dorrance has decided to retire from the company's board of directors. Dorrance is a founding partner of DMB Associates, an Arizona real estate development firm. Subscribe to receive updates about the farm and products. Retweets. Staff are currently implementing practices to address offensive or Jack Dorrance, like his father who built Campbell Soup, had a missionary's zeal for the company. line of ready-to-eat soups. Bennett Springs 6063; North Fremantle 6159; Hammond Park 6164; Singleton 6175; Coolbinia 6050; South Fremantle 6162; Stirling 6021; Two Rocks 6037; Kiara 6054; He has previously waged campaigns at Nestl, Yahoo, Baxter International and Sothebys, many of which entailed months of bruising public-relations battles. As a major shareholder, Dorrance has provided extensive knowledge of Campbells history, organization and culture to his work on the Board. FT COMPLEX Corrections may include individuals, places, or events, mislabeled folders, misfiled papers, etc. Line services are available 24 hours a day, 7 days a week. Bennett Dorrance, another board member, is worth $2.6 billion. What he found was the combined teachings of our fundamental right and need to be connected in service to Earth (Malama 'Aina), and the possibility of collective healing and awakening supported through Aloha-based culture. The company is a member of the Standard & Poors 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. Alumni Jacquelynn and Bennett Dorrance have made a gift commitment of $5.4 million to endow the deanship of the University of Arizona College of Humanities in support of efforts to integrate traditional and cutting-edge approaches into humanities teaching and learning.. Dean Alain-Philippe Durand is the inaugural holder of the Dorrance Endowed Deanship. The Board announced that it elected Bennett Dorrance Jr., 51, an entrepreneur who has invested in a variety of successful for-profit and non-profit enterprises focused on sustainability, land management, and health and wellness. He is the grandson of company founder and condensed soup inventor John T. Dorrance. His hedge fund and the company have spent months exchanging barbed letters. Mark Shoen owns roughly one-fifth of U-Haul parent company Amerco mostly through a limited partnership called Willow Grove. As children, family members would summer in Bar Harbor, Me., and dress up as Campbell kids and soup cans. Bennett Dorrance was born on 1946. Mr. Dorrance is the grandson of John T. Dorrance, PhD, the inventor of condensed soup and president of the company from 1914-30, and the son of John T. Dorrance Jr., a former chair of the company from 1962-84. Grounds contain multiple stone outbuildings, two swimming pools . Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. The grandson of John T. Dorrance, the inventor of condensed soup, Bennett Dorrance owns a 15% stake in Campbell Soup. Theirs is a world of privilege, complete with flying private planes and breeding and racing thoroughbreds. Campbell has a heritage of giving back and acting as a good steward of the environment. Delivered from our family to yours. 1. Parsons now owns shopping malls, motorcycle dealerships, an ad agency and a golf club. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. Like his father, Bennett has a deep appreciation of Campbells history and passion for the business. You might be interested to know more about Bennett Dorrance. Initiatives focus on sustainability, education, arts and culture, and contemplation. Grandson of John T. Dorrance, the inventor of the famous canned soup formula, Bennett Dorrance owns a 15% stake in Campbell Soup Co. Dorrance is a founding partner of DMB Associates, a real estate development firm with projects in Arizona . Bennett Dorrance, the dreamer and visionary behind Hangar One is a lifelong flight enthusiast and passionate aviator who has been a pilot since 1965. As of November 2015, Forbes estimated his net worth at US$2.6 billion. His son Stewart won the Maryland Hunt Cup in 2007, among the worlds most arduous steeplechase races. misspellings, incorrect or missing dates, misidentified Bennett Dorrance, Jr. was born and raised in Arizona and currently works and resides on the Island of Hawai'i with his wife, Delphina, and their three beautiful children, Orion, Jax and Aurora. McLoughlin said, We are excited to welcome Bennett to the Campbell Board. As the managing director and co-founder of the real estate development firm DMB Associates, Dorrance also provided business, entrepreneurial and operational expertise. McLoughlin said, We are excited to welcome Bennett to the Campbell Board. Its a tradition Mr. Strawbridge enjoys a bowl of Campbell Soup every day, usually tomato. It is now worth $1.9 billion. CAMDEN, N.J.- (BUSINESS WIRE)- Campbell Soup Company (NYSE:CPB) announced today that Bennett Dorrance has decided to retire from the company's Board of Directors. In the last two years, Campbells stock has badly trailed the broader market, as well as other food businesses, and has lost more than a third of its value. Related by financial asset: Campbell Soup Co. View Profile. For the utmost in comfort and convenience, a generous covered launch area will provide shade for loading, easing the glare and heat of the sun. Our portfolio includes iconic brands such as Campbells, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyders of Hanover, Swanson and V8. News on all your favorite celebs, reality TV, and movies. Scarlett Johansson. 2. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. Bennet Dorrance graduated with a Bachelor of Arts from the University of Arizona, and inherited his wealth from his grandfather, who founded the very successful Campbell's Soup Company. It also allows members at Hangar One to hire only the very best. We wish him and his family a healthy and happy retirement.. #fresh, DRAGON HEART FARM IS HIRING! American businessman Bennett Dorrance has an estimated net worth of $3.1 billion as of April 2016 according to Forbes. For materials where the copyright is not held by the University, researchers are responsible for determining who may hold the copyright and obtaining approval from them. Dorrance is a founding partner of DMB Associates, a real estate development firm with projects in Arizona, Utah, California and Hawaii. I worked with the family two decades ago, Mr. Silverstein said. a manner that is respectful to the individuals and communities who that terminology evolves over time and that efforts to create respectful The palatial estate is nestled on 50 private open and wooded acres and consists of the French Normandy-style mansion of 14,467 square feet. Parsons and his wife have given away more than $180 million to charities since 2012. Hangar One is a private and unparalleled experience with world-class design, amenities, and security provided to its privileged members and their guests. In fact, it earned a total revenue of over $7.7 billion. Who is Bennett Dorrance. Campbell Soup is more than an inheritance or an investment for the Dorrance heirs. We need change, Mr. Van Beuren said. Kohala Institute stewards 2,400 acres in North Kohala on the Island of Hawaii that includes the historic ahupuaa, Iole. Since 1989, he was a part of the board of the company and currently, he owns 15% . The company would return its focus to soup and popular snack brands like Goldfish, Pepperidge Farm cookies and Snyders of Hanover pretzels. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Our family at Dragon Heart Farm wishes you, Mamey Sapote Mr. Global Institute of Sustainability and Innovation, Vice President, The Dorrance Family Foundation, Member, Board of Directors of the Global Institute of Sustainability and Innovation at ASU. Bennett Dorrance's House (Google Maps). Bennett Dorrance, the longest-serving member of Camden-based Campbell Soup Co. 's board of directors, and grandson of condensed soup inventor John Dorrance, has decided to retire from the board . At 33, Garcia pleaded guilty in 1990 to a bank fraud charge related to his dealings with Lincoln Savings & Loan. Keith R. McLoughlin, the interim chief executive of Campbell, has acknowledged that the company lost focus. But he says the company has got a great brand, great products and great cash flow., Kriston Jae Bethel for The New York Times. Mr. Strawbridge said that was the kind of deal he was hoping for when he teamed up with Mr. Loeb. Connect to the World Family Tree to find out, Apr 1 1950 - Monk Rd, Lower Merion Township, Montgomery, Pennsylvania, United States. Submit a correction suggestion and help us fix it! Dorrance Jr. is a managing director for the DFE Trust Company and vice president of the Dorrance Family Foundation, which supports education, natural resource conservation and programs that improve quality of life in Arizona, California and Hawaii. Like. He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has served with distinction on all the Boards standing committees. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation college students in Arizona. (His father's) will left the bulk of his estate to his grandchildren in six equal shares. If you experience any issues with this process, please contact us for further assistance. The hedge fund, I.S.S. Do I need permission to quote or publish from Special Collections material? By providing your email address below, you are providing consent to Campbell Soup Company to send you the requested Investor Email Alert updates. Shes into clean labeling, no artificial flavors and no chicken antibiotics, Mr. McLoughlin said. Materials in this collection are subject to the terms of the University Archives Access Policy . Dorrance is the cofounder and board member of Kohala Institute at Iole, providing opportunities for people to connect with the land and universal values for a better world. John T. Dorrance Jr. was the chairman of the Campbell Soup Company from 1962 to 1984, He was the son of Dr. John T. Dorrance, the company's first president and the inventor of canned condensed soup. His positive impact on the company will last far beyond his tenure on the Board. Bennett Dorrance net worth: Bennett Dorrance's net worth is $2.6 billion dollars which makes him one of the richest people in Arizona. Bennett Dorrance, left, and Archbold D. Van Beuren, descendants of the Campbell founder, at the 2012 New Jersey Hall of Fame induction ceremony. 16. Its very much a shame. Rebecca Gardy Cars For Sale. ArgueMax Site Admin Posts: . harmful language, for example, language that is racist, sexist, or By submitting this form, you agree to receive communications, including product information, from Campbell Soup Company. Dorrance also serves on the board of Heartwood Institute, and is owner of the popular Blue Dragon Restaurant and Spa. Camden, NJ 08103. So, "To enjoy the rainbow, first enjoy the rain." All cars; Dealer cars; Used cars; . Bennet Dorrance . Hes spent nearly $600 million buying up real estate in Arizona. Sign up to get the latest company news. Bennett Dorrance, Jr., moved to Hawaii in search of a different way to be on Earth, to be a practicing heartist. Quote Tweet. Since 1989, he was a part of the board of the company and currently, he owns 15% of the company's total shares. Happ, We are so excited to welcome these hard working po, Life is subLime here at Dragon Heart Farm Bennett Dorrance, Owner. create, use, and are represented in the collections we manage. Forbes For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation . Share. In addition to Campbell Soup, Bennett Dorrance also works forDMB Associates as a managing director. Undergraduate Academic Files, Series 8, 1990-1999, Collection Description & Creator Information, harmful or offensive Campbell Soup is actually considered as the world's largest maker of soup. Bennett Dorrance is the grandson of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the son of John T. Dorrance Jr., a former Chair of the company from 1962-1984. STATE-OF-THE-ART SECURITY. The great granddaughter of the late John T. Dorrance inventor of condensed soup and president of the Campbell Soup Co. from 1914-1930 and daughter of billionaire real estate developer Bennett Dorrance who retains a 15-percent stake in Campbell's Kaplan is owner and president of Arizona-based Bellisima Ranch, a full-service horse boarding and training facility. language you Investors: Rebecca Gardy (856) 342-6081 [emailprotected], Media: James Regan (856) 219-6409 [emailprotected]. Third Point, Mr. Loebs hedge fund in Manhattan, is pushing for the sale or restructuring of Campbell, a slumping food giant that has called Camden, N.J., home for nearly 150 years. (One of the artists soup can paintings hangs in the companys boardroom.). However, for a variety of reasons, users may encounter offensive or He is the cofounder and a board member of Kohala Institute in North Kohala, Hawaii, which supports local farmers, local schools, alternative energy initiatives, and land and historic preservation. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Bennett Dorrance is the grandson of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the son of John T. Dorrance Jr., a former Chair of the company from 1962-1984. They are fearful of outsiders, fearful of their wealth being taken away. Anyone can read what you share. Dorrance is the cofounder and board member of Kohala Village Hub, which provides the local community with resources that cultivate and support sustainable, local and organic agriculture, culture, arts and sciences through project-based and experiential learning, health and wellness programs for body, mind and spirit, and creative and performing arts for students and the community. He was a native of Cinnaminson, N.J., and a graduate of the St. George's School in Newport, R. I., and Princeton University. harmful content He is a real estate developer who collects vintage cars and is a pilot with his own private hangar in Arizona. HomeBusiness NewsHere are the richest people in Arizona. We wish him and his family a healthy and happy retirement.. Bennett Dorrance is a grandson of Campbell Soup founder John T. Dorrance. He said family board members frequently chimed in with helpful advice. Bennett Dorrance. Included are eight bedrooms, ten baths, formal rooms, family and game rooms with extensive accommodations for long or short term guests. Parsons founded its predecessor firm Jomax Technologies in 1997 and changed the name to GoDaddy in 2000. Garcia also owns and runs DriveTime Automotive, the nations fourth-biggest used car retailer. 1 post Page 1 of 1. May this day be, Happy Aloha Friday Everyone As a subscriber, you have 10 gift articles to give each month. Campbell's Soup has expanded over the years and now includes such brands as Pace Salsa, V8 Juice, Swanson broths, and Pepperidge Farm cookies. Bennett Dorrance is the grandson of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the son of John T. Dorrance Jr., a former Chair of the company from 1962-1984. Bennett Dorrance. Father of Private and Private The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance . Send any friend a story. You may opt out at any time. Student Academic Files are restricted during the lifetime of the student. $15B. CAMDEN, N.J.--(BUSINESS WIRE)-- One Campbell Place Bennett Dorrance. Morenos initial fortune came from billboard advertising company Outdoor Systems, which he sold to Infinity Broadcasting for $8.7 billion in 1999. Like his father, Bennett has a deep appreciation of Campbells history and passion for the business. Built in 2003 Scottsdale Hangar One is born of a vision as the first and only of its kind, a completely private jet hangar complex unlike any other globally. Executives and board members acknowledge the companys problems. About Bennett Dorrance. The magazine said it used stock prices and exchange rates from Feb. 7, 2020, to compile the list, so their estimates fortunes have likely changed due to the impact of the coronavirus crisis. These passions are rooted in the operation of Touching The Earth Farm where regenerative practices fuel both how the land is farmed as well as what is farmed. Were interlopers whove come in, and theyve decided to stick with the status quo, Mr. Loeb said in an interview. Archbold D. Van Beuren, a Dorrance descendant and one of three family members on the Campbell board, said the company was working on a plan to turn itself around before Mr. Loeb showed up. The Dorrance Scholarship, established by Bennett and Jacquelynn Dorrance in 1999, has supported 150-plus first-generation college students in Arizona. Within the prestigious Scottsdale Airpark, it resides on approximately 5.8 acres of land and offers immediate access to an 8,000 foot runway. Michael Silverstein, a former food industry consultant with Boston Consulting Group who is advising Third Point, suggested the heirs were a big part of the problem. Most recently, Dorrance was a member of the Boards Compensation and Organization, and Governance committees. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Hes got the office, a sleek white space that is a quintessential hedge fund aerie, with art by Jean-Michel Basquiat, Jeff Koons and Andy Warhol. bennett dorrance car collection. About Staff. He is also known as "Ippy" Dorrance. His board nominees won the endorsement of Institutional Shareholder Services, a proxy advisory firm, on Wednesday. For quotations that are fair use as defined under U. S. Copyright Law, no permission to cite or publish is required. On behalf of Campbell and my fellow board members, we thank him for his many contributions to the company and wish him and his family the very best in his retirement.. Dorrance, Bennett, Jr.; Undergraduate Academic Files, Series 8, AC198-08, Princeton University Archives, Department of Special Collections, Princeton University Library. Dorrance is the longest-serving member of Campbells Board of Directors with 33 years of service. Everyone had to have an estimated net worth of at least $1 billion. Investors: Dorrance is a Managing Director for the DFE Trust Company, and the Vice President of The Dorrance Family Foundation, which supports education, natural . Having multiple planes in one location allows a pool of highly trained pilots and mechanics to offer members the tremendous benefit of shared resources. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. (856) 219-6409 language. If copyright is held by Princeton University, researchers will not need to obtain permission, complete any forms, or receive a letter to move forward with non-commercial use of materials from the Mudd Library. Single photocopies may be made for research purposes. Line services are available 24 hours a day, 7 days a week. The World's Most Entertaining Car Website, Bachelor of Arts from the University of Arizona, Here's How Drew Barrymore Made Her $125 Million Fortune, Kanye West Allegedly Restricted By Instagram, Twitter Due To Violating Policies, Harry Styles Canceled His First-Ever Show In Chicago, Kim Kardashian To Pay $1.26 Million Due To Instagram Ad Illegally Hyped Crypto, The Weeknd And Lily-Rose Depp In Upcoming HBO Max Series 'The Idol', Inside Lonsdaleite Estate: The $185 Million Swiss Ice Palace, Moving To Canada? From his worldwide experience in private aviation, Bennett has envisioned a hangar complex that will provide the highest level of amenities, security, safety and service. Like his father before him, Mr. Strawbridge rode horses and hunted fox. . John Dorrance III. Charlotte Colket Weber. <br><br>We are based local in Tom Price with a large 9000m2 service yard incorporating . What he found was the combined teachings of our fundamental right and need to be connected in service to Earth (Malama Aina), and the possibility of collective healing and awakening supported through Aloha-based culture. So cool! They are proud of Campbells but introverted. Get introduced. Dorrance is devoted to, and active in, the North Kohala community as an advocate and promoter for local farmers, local schools, alternative energy initiatives, mindfulness, and land and historic preservation. Dozens of family members depend on the dividends they receive from the company to underwrite their comfortable lives. The familys opposition to Third Point, he said, was on the basis of bloodlines as opposed to whats good for the company., If they want to run the business that way, Mr. Islam added, then take the company private.. Mark Clouse, Campbells President and Chief Executive Officer added, Bennetts commitment to Campbells heritage, to our purpose and values, and to our iconic brands has been extraordinary. And for the most part they find Mr. Loebs proposals anathema. Paradise Valley, Arizona (AZ), US. Heres a look at the Top 5 in Arizona, according to Forbes: Arturo Moreno is the owner of the Los Angeles Angels baseball team, which he bought in 2003 for $184 million. Time to hang up w, We had so much fun at the Night Market last night, Come join us this evening till 7pm @kohalavillageh, We love staying hydrated with cold coconuts on a h, Jackfruit is the largest fruit grown on a tree. Descendants of John T. Dorrance, a chemist who created condensed soup at the turn of the last century, own more than 40 percent of Campbell shares. After submitting your request, you will receive an activation email to the requested email address. DMB Associates is areal estate development firm currently based in Arizona which specializes onplanned communities. Our VermiMeister says. James Regan He said he had gotten calls from Ms. Malone during store visits, complaining about the packaging of its new Well Yes! With 59.5 percent of its stock, the Dorrances represent one of the tightest concentrations of family power in corporate America. The company is a member of the Standard & Poors 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. Line services are available 24 hours . Mary Alice Malone, a board member and a granddaughter of John T. Dorrance, splits her time between horse farms in Florida and Pennsylvania and has a net worth of $3.1 billion putting her at par with Mr. Loeb according to Forbes. Search for new & used cars for sale in Perth Western Australia. in the paper and digital records within archival collections. Contact Bennett directly. His expertise in sustainability and entrepreneurship will be an asset to the Board.. Were seeking change.. Campbell Board elects Bennett Dorrance Jr. as a director. 2020 America's Richest Families Net Worth. Also, he sits on the board of theArizona based IT consulting firm,Insight Enterprise. 2023 The Trustees of Princeton University. 590 on Forbes list. Bennett Dorrance, Mark Shoen, Bob Parsons, and Ernest Garcia II round out the Top 5 richest in Arizona. Having multiple planes in one location allows a pool of highly trained pilots and mechanics to offer members the tremendous benefit of shared resources. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. harmful language and harmful content as part of routine description work. The company turns an annual profit of approximately $7.7 billion. And in taking on the old-money family that owns more than 40 percent of Campbell Soup Company, hes found the perfect foil for his new-money ambitions. THE TEAM. The company has run into very hard times and has been undermanaged and undersupervised., But Mr. Loeb, who controls more than 7 percent of Campbell stock through Third Point, will need to win over many more shareholders to be successful. All net worths are calculated using data drawn from public sources. The gated 130,000 square-foot complex includes two hangars with over 50,000 square feet of secured space. Dorrance Jr. earned his B.S. It is also why the farm is committed to creating partnerships and programs that help perpetuate aina and aloha based practices.. Mr. Dorrance also runs DMB Associates. Geni requires JavaScript! The founder of the Discount Tire chain owns this 15,900 sq. Arizona has nine billionaires in 2020 according to Forbes Magazines annual list of the worlds richest people. Read car reviews and compare prices and features at carsales.com.au. (856) 342-6081 American businessman Bennett Dorrance has an estimated net worth of $3.1 billion as of April 2016according to Forbes. Mark Clouse, Campbells President and Chief Executive Officer added, Bennetts commitment to Campbells heritage, to our purpose and values, and to our iconic brands has been extraordinary. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. He is the son of John T. "Jack" Dorrance Jr. (1919-1989), and grandson of John Thompson Dorrance. CAMDEN, N.J.(BUSINESS WIRE) Campbell Soup Company (NYSE:CPB) announced today that Bennett Dorrance has decided to retire from the companys Board of Directors. Bennett Dorrance, Mark Shoen, Bob Parsons, and Ernest Garcia II round out the Top 5 richest in Arizona. encounter on this site by using the form below. A licensed pilot, Dorrance owns a private hangar in Scottsdale, Arizona that sometimes houses his vintage car collection. In July 2016 I ventured out and started Bennco Group, now in 2018 we have a support team of over 40 trades across 14 mine sites through the Pilbara specialising in the building, plumbing, electrical, refrigeration, civil and engineering industries supporting the mining, local government and private sectors. His positive impact on the company will last far beyond his tenure on the Board. 13 talking about this. Our portfolio includes iconic brands such as Campbells, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyders of Hanover, Swanson and V8. Hes got the money, about $3.1 billion. It calls for selling international operations, like Arnotts Biscuits in Australia; getting out of the refrigerated soup business; and unloading its Bolthouse Farms unit. A fresh take on sports: the biggest news and most entertaining lists. The company also owns popular commercial brands likeV8 (vegetable juice), Swanson,Pace (salsa) andPepperidge Farm (Goldfish and cookies). Brother of John "Ippy" Dorrance and Mary Alice Malone, Co-chair of the Governance committee of Cambell Soup. But analysts say the company has done too little to adapt to those changes. . Bennett Dorrance is the grandson of Dr John T Dorrance, the inventor of condensed soup and president of Campbell Soup Company from 1914-1930, and the son of John T. Dorrance Jr., a former chair of . Ripe mamey fruit has a creamy t. Buddha's Hand looking like a Kraken head! He keeps a low profile but apparently remains on good terms with his brother Joe, who still runs the U-Haul business. He is currently married with two children. Soup of all products is our savior., Campbell Soups Fate Hangs on Duel Between Company Heirs and Interloper, https://www.nytimes.com/2018/11/16/business/campbell-soup-company-dan-loeb-third-point.html. He was elected to the Board in 1989, was Vice-Chairman from 1993-1996 and has . When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. SCOTTSDALE, ARIZONA Bennett has sat on the company's board since 1989. Ernest Garcia is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that conducted an IPO in 2017. My cousins were complacent and ignored the truth, said Mr. Strawbridge, who owns nearly 3 percent of the company. As a major shareholder, Dorrance has provided extensive knowledge of Campbells history, organization and culture to his work on the Board.

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