Carlos Abrams-Rivera, president of Campbell Snacks, is leaving the company to accept a role at another corporation, effective Feb. 1.
Abrams-Rivera will lead the Snacks division through the end of Campbell’s second fiscal quarter, which ends on Jan. 26. After his departure, Chief Executive Officer Mark Clouse will take over until a new Snacks president is found. The company has launched search for Abrams-Rivera’s successor.
“We are confident that we will attract a world-class executive to lead our talented Snacks management team and continue to grow this differentiated portfolio of brands,” said Clouse in a statement. “We thank Carlos for his significant contributions during his five years at Campbell.”
Abrams-Rivera joined Campbell in September 2015 and became executive vice president and president of Campbell Snacks in April 2019. Previously, he was president of Pepperidge Farm, where he led the turnaround of what is now one of Campbell’s strongest and most profitable units, according to the company’s website.
In fiscal year 2019, Campbell Snacks generated approximately $3.8 billion in net sales. The company is focused on the growth of its portfolio, which includes Goldfish, Milano, Snyder’s of Hanover, Lance, Kettle Brand, Cape Cod, Snack Factory Pretzel Crisps, Late July, and more.
According to IRi Worldwide, a market research company focused on consumer packaged goods, the combination of the aforementioned brands makes Campbell the No. 3 snacks company in the country.
A representative for Campbell did not have further comment.d