Campbell's Mourns Passing of Long-time Board Member and Largest Shareholder Mary Alice Dorrance Malone

CPB
September 21, 2025
The Campbell's Company announced on June 19, 2025, the passing of Mary Alice Dorrance Malone at the age of 75. Malone was the longest-tenured member of Campbell's Board of Directors, having served for 35 years, and was also the company's largest shareholder. Malone was the granddaughter of Dr. John T. Dorrance, the inventor of condensed soup and a former President of the company, and the daughter of John T. Dorrance Jr., a former Chair. Her contributions to grow and protect Campbell's legacy were described as immeasurable, given her deep historical ties and significant stake in the company. CEO Mick Beekhuizen acknowledged Malone's extensive knowledge of Campbell's history, organization, and culture as invaluable to management and the board. The board will be considering the election of a new member to fill the vacancy created by her passing. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.