Cadbury Schweppes announces that Raymond G. Viault will join the Cadbury Schweppes Board as non-executive director, effective from 1st September.
Raymond G. Viault is a Director of Safeway, Inc., one of the largest food and drug retailers in North America; of Newell Rubbermaid, Inc., a leading manufacturer of consumer products; and of VF Corporation, one of the world's largest apparel companies.
From 1996 to the end of 2004, he was Vice Chairman of General Mills, Inc., and was a member of the Board of Directors from February 1996 until the end of 2004. In this time he led the integration of the General Mills and Pillsbury businesses. From 1979 to 1995, he held a number of positions with the Philip Morris Companies, including President, Kraft Foods, Europe, based in Switzerland with responsibility for Kraft's European, Middle East and African businesses; Chief Executive Officer of Jacobs Suchard AG; and President, Maxwell House Coffee Company.
He has a Bachelor's degree in Economics from Brown University, and an MBA in Marketing from Columbia Graduate School of Business.
Commenting on the appointment John Sunderland, Chairman, said: "I am very pleased that Ray is joining our Board. We look forward to working with him and benefiting from his extensive international experience in confectionery, food and consumer products companies."
Following the appointment of Raymond Viault, Cadbury Schweppes' Board comprises:
- 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 - independent non-executive
- Dr Wolfgang Berndt - independent non-executive
- Rick Braddock - independent non-executive
- The Rt Hon The Lord Patten of Barnes CH - independent non-executive
- David Thompson- independent non-executive
- Rosemary Thorne - independent non-executive
- Raymond Viault - independent non-executive
- Baroness Wilcox - independent non-executive
There is no further information to be disclosed relating to Raymond G. Viault pursuant to Listing Rule 9.6.13R.
About Cadbury Schweppes
Cadbury Schweppes is the world's largest confectionery company and has strong regional beverages businesses in North America and 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 60,000 people.
Forward Looking Statements
These materials may be deemed to include forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. These forward-looking statements are only predictions and you should not rely unduly on them. Actual results might differ materially from those projected in any such forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may 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 the forward-looking statements. In evaluating forward-looking statements, which are generally identifiable by use of the words "may", "will", "should", "expect", "anticipate", "estimate", "believe", "intend" or "project" or the negative of these words or other variations on these words or comparable terminology, you should consider various factors including the risks outlined in our Form 20-F filed with the SEC. Although we believe the expectations reflected in forward-looking statements are reasonable we cannot guarantee future results, levels of activity, performance or achievements. These materials should be viewed in conjunction with our periodic interim and annual reports and registration statements filed or furnished with the Securities and Exchange Commission, copies of which are available from Cadbury Schweppes plc, 25 Berkeley Square, London W1J 6HB, UK.