Cadbury Schweppes Announces Appointment of New Chairmen for Cadbury Plc and Dr Pepper Snapple Group Inc

20/02/08 As previously announced, Sir John Sunderland will be retiring as Chairman of Cadbury Schweppes in mid 2008 as the Company demerges into Cadbury plc and Dr Pepper Snapple Group, Inc (DPSG).

The Board of Cadbury Schweppes plc is delighted to announce the appointment of Roger Carr as Chairman of Cadbury plc and Wayne Sanders as Chairman of Dr Pepper Snapple Group, Inc. following the demerger.

Roger Carr is currently the Group's Deputy Chairman and senior non-executive independent director, having joined the Cadbury Schweppes Board in 2001. The Board believes that Roger's broad industry experience, familiarity with the financial markets and knowledge of the confectionery business will provide Cadbury plc with an excellent balance of skills to steer Cadbury plc through the next phase of its development.

Roger Carr is also Chairman of Centrica, Chairman of Mitchells and Butlers and a member of the Court of Directors of the Bank of England.

For DPSG the Chairman will be Wayne Sanders who spent 28 years at Kimberly-Clark where he served 11 years as Chairman and CEO before retiring in 2003. Mr Sanders is currently on the Board of Texas Instruments and of Belo Inc., which recently undertook a demerger of its newspaper businesses. He is also a former Board member of Adolph Coors Company and a member of the Board of Governors of Boys and Girls clubs of America.

The Board of Cadbury Schweppes believes that Mr Sanders has excellent credentials for the role as Chairman of DPSG and will help guide them through their transition from being a division of a consumer goods group into a focused and separately US-listed beverages enterprise.

The Board would like to record its thanks to Sir John Sunderland for his outstanding service to the Group.

Sir John Sunderland, Chairman, Cadbury Schweppes plc, commented: "I am delighted to be handing over stewardship of Cadbury plc to Roger Carr and Dr Pepper Snapple Group, Inc. to Wayne Sanders. Both are leading industrialists with excellent credentials tailored to meet the individual needs of our Confectionery and Americas Beverages businesses as they embark on their next phase of growth and development.

"Roger combines excellent financial, capital markets and operational credentials with a deep understanding of our brands and the consumer goods industry.  As Deputy Chairman of Cadbury Schweppes plc since May 2003, Roger's wise counsel has already proved invaluable to the Board and Executive Management Team and I am confident he will play an instrumental role in ensuring Cadbury plc's strategy is implemented swiftly and effectively.

"Wayne has an impressive track record of delivering financial and operational improvements, innovation and market share growth from his time as Chairman and CEO of Kimberly-Clark and as a Board member of prominent US public companies. Furthermore, his familiarity with the demerger process, gained from the recent separation of Belo's newspaper businesses, is highly relevant. His experience of, and enthusiasm for, helping businesses grow and enhance shareowner returns will be of great benefit to DPSG as it embarks on a new journey as a focused, US-listed Beverages business."

Roger Carr, Deputy Chairman of Cadbury Schweppes plc and Chairman designate, Cadbury plc, commented "On behalf of the Board of Cadbury Schweppes I would like to thank Sir John for his enormous contribution to the growth of the Group over the last 40 years, including as CEO from 1996 to 2003 and more recently as Chairman.  His strategic insight, business acumen and shareowner perspective have helped the Group build leadership positions in both confectionery and beverages, deliver value for our shareowners and establish lasting and meaningful relationships with the communities in which we live and operate.

"I am delighted to be appointed Chairman of Cadbury plc.  The company has a bright future ahead of it as a focused confectionery player with strong brands, leading positions in developed and emerging markets, and an impressive track record of innovation and growth momentum."

Wayne Sanders, Chairman designate, Dr Pepper Snapple Group, Inc., said: "I am thrilled to be joining Dr Pepper Snapple at such an exciting time in the company's history. The business has a strong, diverse portfolio of household name brands loved by the consumer with enviable market shares and a unique, integrated business model. I am confident it has a bright future for employees and shareowners alike."