Cadbury Schweppes has revealed a new chief financial officer designate. Ken Hanna takes his new post on 1 March this year.

Hanna will become an executive director and take over as CFO from David Kappler when he retires from the board in April.

Hanna is currently an operating partner focussing on fast moving consumer goods at Compass Partners International, the private equity firm. He previously held positions as group chief executive Dalgety, group finance director Dalgety, group finance director United Distillers and prior to that group finance director of Avis Europe.

David Kappler will retire after 38 years with the company.