Jack Baker ’20 pitched Campbell Soup Company (CPB) on November 4, 2019 to the Monday section of the Student Managed Investment Fund. Campbell’s Soup is a manufacturer and marketer of high-quality, branded food and beverage products which traces its heritage back 150 years. Campbell’s product segments are Meals & Beverages and Snacks, with 13 core brands generating roughly 80% of their yearly revenue. In 2019, Campbell’s Soup revamped their leadership team by hiring a new CEO, CFO, Head of Snacks, and Head of Meals & Beverages. In addition, Campbell’s is overhauling its portfolio by selling out of non-core businesses in an effort to reduce their amount of debt leverage. The class voted to buy 325 shares of Campbell Soup Company by selling 20 shares of SPY and 150 shares of XLP ETF.