CAMPBELL'S Co — Board/Management Information 2012

Jan 19, 2012

8-K 1 d285315d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report

(Date of Earliest Event Reported):

January 16, 2012

New Jersey	Commission File Number	21-0419870
State of Incorporation	1-3822	I.R.S. Employer Identification No.

One Campbell Place

Camden, New Jersey 08103-1799

Principal Executive Offices

Telephone Number: (856) 342-4800

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-(c))

Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective January 16, 2012, Mark R. Alexander was appointed President – Campbell North America. Mr. Alexander previously served as President – Campbell International.

In connection with his appointment and promotion, Mr. Alexander’s base salary has been set at $564,500. He will continue to participate in Campbell’s Annual Incentive Plan (“AIP”) and Long-Term Incentive Plan (“LTI”). For executive officers at Mr. Alexander’s level under his new position, the target annual bonus amount under the AIP is 90% of base salary and the target LTI grant is 250% of base salary. Actual awards may be greater or less than the target amount in accordance with applicable performance criteria, as determined by the Compensation and Organization Committee. Mr. Alexander’s new LTI target will apply to his grant for fiscal 2013 and his AIP target for fiscal 2012 will be subject to applicable pro-ration guidelines.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

(Registrant)
Date: January 19, 2012
By:	/s/ Kathleen M. Gibson
	Kathleen M. Gibson
	Vice President and Corporate Secretary