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Denise Morrison Net Worth and Biography

Denise Morrison net worth

What is Denise Morrison net worth?

Denise Morrison net worth: Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company. She was elected a director of Campbell in October 2010. She became Campbell’s 12th leader in the company’s 140-year history.

Early life

Denise Morrison was born in Elberon, New Jersey, and is one of four sisters who have all had business careers.

She is the first-born; Maggie Wilderotter was chairman and CEO of Frontier Communications; Colleen Bastkowski was a regional vice president of sales at Expedia Corporate Travel; and Andrea Doelling, a champion horse jumper, was senior vice president of sales at AT&T Wireless.

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Morrison graduated from Long Branch High School. She earned her B.S. degree in economics and psychology from Boston College, graduating magna cum laude. She was inducted into the Order of the Cross and Crown Honor Society for academic and extracurricular achievement.

Career

Morrison began her career in the sales organization at Procter & Gamble in Boston, Massachusetts. She later joined Pepsi-Cola in trade and business development. She then spent most of the 1980s at Nestle USA, where she held senior marketing and sales positions.

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 In 1995, Morrison moved to Nabisco Inc. She served as senior vice president and led the Nabisco Food Company’s sales organization, and was general manager for the Down the Street division.

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Before joining Campbell’s, Morrison served as executive vice president and general manager of Kraft Foods’ snacks and confections divisions, responsible for leading brands such as Planters nuts, Life Savers candies, and Altoids mints.

Morrison joined Campbell in April 2003 as president-global sales and chief customer officer, and was named president-Campbell USA in June 2005. She was named senior vice president and president-North America soup, sauces and beverages in October 2007 and handled the Campbell USA, North America Foodservice, and Campbell Canada businesses.

She was appointed executive vice president and chief operating officer in October 2010, leading all of Campbell’s global businesses, corporate strategy, global advertising & design and research & development.

Morrison was named president and CEO of Campbell Soup Company on August 1, 2011. Morrison retired from Campbell in May 2018.

Denise Morrison Net Worth

Denise Morrison net worth is estimated at $7 million. She was named by Forbes as one of the most powerful women in the world.

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Morrison’s compensation at the beginning of fiscal year 2012 included an annual base salary of $950,000, a fiscal 2011 annual cash incentive of $602,292 and a fiscal 2012 long-term incentive grant of $4,845,000.

Morrison is a former director of the Goodyear Tire & Rubber Company and a former director of Ballard Power Systems Inc. She is a founding member of the Healthy Weight Commitment Foundation, an initiative composed of manufacturers and retailers designed to combat obesity in the marketplace, workplace, and in schools through communication and education. She is also on the non-profit board of Students in Free Enterprise.

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