Wm. Morrison Supermarkets, Ltd.

CAMDEN, N.J. — Campbell Soup Company has named Denise Morrison president and CEO, effective Aug. 1, the first day of Campbell’s next fiscal year. In October 2010, Morrison was named EVP and COO and elected a director of the company in anticipation of her appointment to the role of CEO at the beginning of fiscal 2012.

Morrison will succeed Douglas Conant, who will step down as president and CEO on July 31, 2011, after more than a decade in that role. Conant also will step down from Campbell’s board of directors at that time.

London -- Wm. Morrison Supermarkets PLC said Thursday that it has acquired a 10% stake in U.S. online grocer FreshDirect, based in New York City.

According to Morrison, the U.K. fourth-largest supermarket chain, the acquisition marks its debut in the online food market.

Morrison has also announced plans to test a c-store format and to expand its grocery store counts in order to increase its presence in the U.K grocery market.