New CFO Appointed
21 1월 2004 - 4:01PM
UK Regulatory
For immediate release 21 January 2004
CADBURY SCHWEPPES PLC APPOINTS NEW
CHIEF FINANCIAL OFFICER
Cadbury Schweppes plc, the global confectionery and beverages group, is
appointing Ken Hanna as its Chief Financial Officer (CFO) designate, starting
March 1st, 2004. He will become an Executive Director and takeover as CFO when
David Kappler, the current CFO, retires from the Board in April.
Ken Hanna is currently an Operating Partner focussing on fast moving consumer
goods (FMCG) at Compass Partners International, the private equity firm.
Previously, he held positions as Group Chief Executive Dalgety plc, Group
Finance Director Dalgety plc, Group Finance Director United Distillers plc and
prior to that Group Finance Director of Avis Europe.
Commenting on this appointment, Todd Stitzer, CEO Cadbury Schweppes, said: "Ken
Hanna 's broad range of executive, operational and financial leadership
assignments in the FMCG world make him particularly qualified to lead the
Cadbury Schweppes finance function. I am personally looking forward to
partnering with Ken Hanna to deliver the benefits of our recently announced
Fuel For Growth cost reduction and Smart Variety growth strategies."
David Kappler announced his retirement after having been with the group 38
years and having seen it through its major repositioning into a world-leading
confectionery and beverages business.
Ends
High-resolution photographs are available to the media free of charge at
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Notes to editors:
Career Summary:
Ken Hanna, age 50 is a Chartered Accountant who started his career as an
auditor with Coopers and Lybrand. His first move was into Black & Decker as
group treasurer. After that he went to Max Factor as Group Financial Controller
and then to Avis where he spent ten years, the last four of which were as Group
Finance Director, Avis Europe plc. In 1993 he left to go to Guinness plc, where
he was Group Finance Director of United Distillers plc until 1997, when he
moved to Dalgety plc. After a brief period as Group Finance Director he was
appointed Group Chief Executive. In 1999, he moved to his present role as a
Partner of Compass Partners International. Since 2002 Ken Hanna has also been a
Non-Executive Director at Inchcape plc.
About Cadbury Schweppes:
Cadbury Schweppes is a major global company that manufactures, markets and
distributes branded beverages and confectionery products around the world. With
origins stretching back over 200 years, today Cadbury Schweppes' products -
which include brands such as Cadbury, Schweppes, Dr Pepper, Snapple, Trebor and
Bassett - are enjoyed in over 200 countries across the world. With the
acquisition of Adams and its brands - Halls, Trident, Dentyne and Bubbas
bubblegum range - the group now employs around 55,000 people and is the world's
largest confectionery company. It is also number one in sugar and functional
confectionery, a strong number two in gum and the world's third largest soft
drinks company.
For further information contact:
Cadbury Schweppes plc: 020 7409 1313
http://www.cadburyschweppes.com
Capital Market Enquiries 020 7830 5095
Sally Jones
Marie Wall
Mary Jackets
Media Enquiries 020 7409 1313
Dora McCabe
Andraea Dawson-Shepherd
The Maitland Consultancy 020 7379 5151
Angus Maitland 0778 526 8283
Philip Gawith 0788 795 4048
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