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  "documentTitle": "Campbell Soup Company (CPB)",
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      "text": "Campbell's incumbent Board of Directors (\"Board\") has overseen a series of strategic and operational blunders over many years that have driven extreme underperformance in Campbell shares (19% total shareholder return vs. 306% for S&P 500 over last 20 years)",
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      "text": "Performance has worsened: soup decline, loss-making assets, integration issues, margin pressure, leverage >5x, no permanent CEO.",
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      "text": "Note: Total shareholder return includes dividends; data from 9.28.98 to 9.28.18; John T. Dorrance acquired control of Campbell from founder Joseph A. Campbell. Source: Third Point LLC",
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