Roger Carr to step down as Chairman of Cadbury plc
03 February 2010
Roger Carr announced on Wednesday his intention to stand down as Chairman of Cadbury following Kraft Foods’ decision to declare its offer for Cadbury unconditional.
Commenting on his decision, Roger Carr said:
"It has been my great pleasure and privilege to chair Cadbury for the past two years, and I would like to thank Todd Stitzer, my fellow Board members and indeed all of my Cadbury colleagues for their valuable support and commitment in taking this great company forward in that period.
"Together we have fought an excellent defence campaign and delivered substantial value to Cadbury shareholders. In handing over to Irene Rosenfeld I wish her the very best as she takes on responsibility for continuing to build and develop what is indisputably one of the world’s greatest brands."
The effective date of Roger Carr’s resignation from the Board is still to be determined.
Ends
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About Cadbury
Cadbury is one of the world's largest confectionery businesses with
number one or number two positions in over 20 of the world's 50
biggest confectionery markets. It also has the largest and most
broadly spread emerging markets business of any confectionery
company. With origins stretching back nearly 200 years, Cadbury's
brands include many global, regional and local favourites including
Cadbury Dairy Milk, Flake, Creme Egg and Green & Black's in
chocolate; Trident, Dentyne, Hollywood and Bubbaloo in gum; and
Halls, Cadbury Eclairs, Bassett’s and The Natural
Confectionery Co. in candy.
© 2010 Cadbury plc