The president of sales at Cadbury Schweppes Americas Beverage (CSAB) is to stand down. The company has announced that Mike McGrath will retire on 31 December this year, after 20 years with the company.

In a statement, CSAB president Gilbert M. Cassagne said: "On the professional side, Mike has been a valued colleague and member of my leadership team and during the past two decades has made a tremendous impact on our business.

In the past year, his leadership and industry knowledge were instrumental in helping us to integrate Dr Pepper/Seven Up, Snapple and Mott's into one beverage business. On the personal side, after knowing and working with Mike for the past 22 years, I'll miss his friendship, guidance and passion for our business."

McGrath will remain in his current position until the end of the year. Cassagne will name a new executive vice-president of sales by "the end of the fall," and he will stay on in a consulting role through June 2005 to assist with the transition.