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PRESS DIGEST - British Business press - Feb 19 =8

Mon Feb 18, 2008 11:23pm EST
 
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Sir John Sunderland will this spring be succeeded as chairman of Cadbury Schweppes (CBRY.L: Quote, Profile, Research, Stock Buzz) by Roger Carr - an appointment that will be confirmed on Tuesday morning at the confectionary giant's 2007 financial numbers. One institutional fund manager described the move as a highly defensive one, explaining: "After Cadbury announced that the U.S. beverages business was to be demerged, we were a little surprised that a new independent chairman was not appointed for the confectionery business - particularly given Mr Carr's relatively long tenure as a non-executive."

Prepared for Reuters by Durrants

 

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