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Investors who met with McLoughlin and Campbell Chief Financial Officer Anthony DiSilvestro in recent days told Reuters that Mignini joined the meetings, in a sign the company was seeking to raise his profile. Mignini did not usually attend such meetings in the past, the investors said. CNBC reported in May, at the time of Morrison’s departure, that Mignini was a likely candidate for the CEO seat. The board is also preparing to interview candidates from outside the company, although nobody external has been contacted yet, according to one of the people familiar with the arrangements.

Campbell’s board, which includes three heirs of John Dorrance, the chemist who invented condensed soup and ran the company nearly a century ago, will review a list of external candidates at its next meeting at the end of September, the source added, The sources asked not to be identified because the deliberations are confidential, A Campbell spokesman declined to comment on whether Mignini was the top internal candidate and said the board had been working with executive-search firms to assess both internal and external candidates, Third Point winnipeg jets game used puck edge cufflinks declined to comment..

Campbell Soup shares were up 0.5 percent at $40.40 in early morning trading on Monday, giving the company a market capitalization of about $12 billion. Third Point’s board challenge could complicate the CEO selection process, given that shareholders could choose to replace board members who will be making that decision, in a vote that could be scheduled as early as November. The turmoil could discourage some of the consumer industry’s top executives from applying, the sources said. Third Point faces an uphill struggle in any battle for control of Campbell Soup, given that descendants of Dorrance own a combined stake of about 42 percent in the company. A board challenge could ratchet up pressure on Campbell, however, to explore a sale with more urgency.

Third Point, which manages $18 billion in assets, has played a role in bringing new CEOs to several companies, including Jose Almeida to Baxter International Inc (BAX.N), Tad Smith to Sotheby’s (BID.N), and Marissa Mayer to Yahoo, One winnipeg jets game used puck edge cufflinks external CEO candidate Campbell Soup’s board is expected to consider is Mark Clouse, chief executive of Pinnacle Foods Inc PF.N, who will soon be without a full-time job after his company agreed in June to sell itself to ConAgra Brands Inc (CAG.N) for $8.1 billion..

Clouse, 49, is an industry veteran, having also held senior positions at Oreo-maker Mondelez International Inc (MDLZ.O) and Kraft Foods Inc. It is not clear if Clouse would be interested. He could not be reached for comment. Campbell said on Aug. 30 it planned to sell its international and fresh refrigerated-foods units, and only left open the possibility of putting the whole company up for sale in the future, snubbing a call from Third Point to do so urgently. The 149-year-old company, which revolutionized the home-cooking industry with easy-to-prepare soups and low-cost production techniques, has been struggling to attract young consumers to its namesake soups and Pepperidge Farm cookies.

MILAN (Reuters) - Activist winnipeg jets game used puck edge cufflinks fund Elliott on Monday struck back at Vivendi (VIV.PA) after its accusations over the management and share price performance at Telecom Italia (TLIT.MI) since the U.S, fund staged a boardroom coup at the Italian firm, Vivendi, TIM’s top shareholder with a 24 percent stake, said last week the management of Telecom Italia (TIM) had been “disastrous” since Elliott wrestled board control away from the French media group in May, It also said TIM’s share price had lost 35 percent since Elliott’s involvement, while the fund had promised to double it within two years..

Elliott-backed candidates succeeded in securing two-thirds of TIM board seats in May after a two-month campaign by the activist fund to shake up the way Vivendi had been running the former telecoms monopoly. On Monday, Elliott said it had not promised to double TIM’s share price but offered “an assessment of the upside potential” to the stock over the medium-term if some of its proposals were executed by an independent board. Besides a governance overhaul, the activist fund had proposed a spin-off and partial sale of a soon-to-be-created network company, a conversion of savings shares, a return to dividends and asset sales.

“To date, the board has not adopted any of those recommendations, Instead, the board has thus far adhered to Vivendi’s own approach,” Elliott said, Vivendi officials could not immediately be reached for comment, TIM shares were winnipeg jets game used puck edge cufflinks up 3 percent at 0.54 euros by 1102 GMT, outperforming a 2.2 percent rise in Milan's blue-chip index .FTMIB, A trader said Elliott’s note suggested the fund could resurrect its push for strategic changes at TIM, lifting the stock, Shares in European telecoms firms were also helped by a positive Deutsche Bank report on the sector..



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