US: Cadbury Schweppes sales manager steps down
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.
Cadbury Schweppes has agreed to sell its European beverages business....
PepsiCo has refused to comment on reports linking the company with a bid for Cadbury Schweppes' soft drink business....
The European arm of drinks group Cadbury Schweppes is expected to be sold next month for around GBP1.1bn ($1.9bn), according to press reports....
UK-based soft drinks to sweets group Cadbury Schweppes has issued a trading update ahead of an investor seminar to be held in Dallas, Texas on 10 and 11 October....
Cadbury Schweppes is moving ever closer to selling off its European soft drinks business, according to German press reports....
Rumours are circling that Cadbury Schweppes' soft drinks business may be merged with Britvic....
Cadbury Schweppes Americas brand Mott's has announced a new line of fortified beverages....
AG Barr has agreed a new long-term contract with Cadbury Schweppes for the production, marketing and sale of the Orangina brand....
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