Cadbury Schweppes Appoints Ellen Marram As Non-Executive Director
16 Feb 07
Cadbury Schweppes announces that Ellen Marram will join Cadbury Schweppes’ Board as a non-executive director, effective from 1 June 2007.
Ellen Marram is President of The Barnegat Group, which she established in 2006 to provide business advisory services to public and private companies. She also serves on the board of directors of the Ford Motor Company, the New York Times Company and Eli Lilly, as well as on the boards of a number of private companies and not-for-profit organisations.
From 2000 to 2005, she served as a Managing Director at North Castle Partners, a private equity firm focused on investments in the healthy living and ageing sector, and remains an advisor to that firm.
From 1993 to 1998, she was Group President of the Tropicana Beverage Group, and was also Chief Executive Officer from 1997 until its sale by Seagram in 1998. For 8 months from September 1999, she was President and CEO of Efdex Inc., a privately-held start-up Internet-based commodities exchange. Efdex did not become fully operational and its certificate of incorporation was voided by the State of Delaware on 1 March 2001.
From 1988 to 1993, she was President and Chief Executive Officer of the Nabisco Biscuit Company, the largest operating unit of Nabisco. She joined Standard Brands, which later merged with Nabisco, in 1977, prior to which she worked with Johnson & Johnson and Lever Brothers.
Commenting on the appointment, Sir John Sunderland, Chairman, said: “I am delighted that Ellen is joining our Board. Her extensive experience from her highly successful career in the food and beverages industry and the broader consumer sector will be of great benefit to Cadbury Schweppes.”
Following the appointment of Ellen Marram, Cadbury Schweppes’ Board will comprise:
* Sir John Sunderland - non-executive chairman
* Roger Carr - deputy chairman and senior independent non-executive
* Todd Stitzer - chief executive officer
* Ken Hanna - chief financial officer
* Bob Stack - chief human resources officer
* Sanjiv Ahuja - non-executive
* Dr Wolfgang Berndt - non-executive
* Rick Braddock - non-executive
* Ellen Marram - non-executive
* The Rt Hon The Lord Patten of Barnes CH - non-executive
* David Thompson- non-executive
* Rosemary Thorne - non-executive
* Raymond Viault - non-executive
There is no further information to be disclosed relating to Ellen Marram pursuant to Listing Rule 9.6.13R.
notes to editors:
1. About Cadbury Schweppes
Cadbury Schweppes is the world’s largest confectionery business and has a strong regional beverages presence in North America and in Australia. With origins stretching back over 200 years, today Cadbury Schweppes’ products - which include brands such as Cadbury, Schweppes, Halls, Trident, Dr Pepper, Snapple, Trebor, Dentyne, Bubblicious and Bassett - are enjoyed in almost every country around the world. The Group employs around 70,000 people.
Forward Looking Statements
Except for historical information and discussions contained herein, statements contained in these materials may constitute “forward looking statements” within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. Forward looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “plan”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “project”, “goal” or “target” or the negative of these words or other variations on these words or comparable terminology. Forward looking statements involve a number of known and unknown risks, uncertainties and other factors that could cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward looking statements. In evaluating forward looking statements, you should consider various factors including the risk factors outlined in our Form 20-F filed with the US Securities and Exchange Commission. These materials should be viewed in conjunction with our periodic interim and annual reports, registration statements and other filings filed with or furnished to the Securities and Exchange Commission, copies of which are available from Cadbury Schweppes plc, 25 Berkeley Square, London W1J 6HB, UK and from the Securities and Exchange Commission’s website at http://www.sec.gov/. Cadbury Schweppes plc does not undertake publicly to update or revise any forward looking statement that may be made in these materials, whether as a result of new information, future events or otherwise.
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