Cott Corporation announces appointment of George A. Burnett to Board of Directors
2006年5月17日 - 10:30PM
PRニュース・ワイアー (英語)
TORONTO, May 17 /PRNewswire-FirstCall/ -- Cott Corporation
(NYSE:COT; TSX:BCB) announced today the appointment of George A.
Burnett to its Board of Directors, effective June 1, 2006. Mr.
Burnett brings a wealth of experience to Cott's Board, both as a
director and former chief executive officer. Most recently, he was
Chairman of R.H. Donnelley, involved in board and integration
activities relating to Donnelley's merger with Dex Media, Inc. R.H.
Donnelley is a leading U.S. Yellow Pages and online local
commercial search company. Prior to the merger, Mr. Burnett was
president, chief executive officer and director of Dex Media, the
official publisher of White and Yellow Pages for Qwest
Communications International Inc. In 2004, the company published
44.5 million copies of 269 directories in 14 U.S. states. During
his tenure as CEO, Mr. Burnett led one of the largest leveraged
buyouts in U.S. history when Qwest sold the Yellow Pages unit
(Qwest Dex) in 2002 and Dex Media was created. Previously, Mr.
Burnett spent six years in senior roles with AT&T managing
local services, basic schedule customers and card and operator
services. For many years, he was a highly-respected advertising
executive with D'Arcy, Masius, Benton & Bowles where he managed
key accounts for The Procter & Gamble Company and M&M Mars.
"We're very pleased to welcome George to our Board and we look
forward to his contributions as we work with management on the
strategies to reposition Cott for long-term, sustainable
profitability," said Frank Weise, Chairman of the Cott Board of
Directors. "George's senior level experience with multinational
public companies will be a great asset as we assess avenues for
future growth." "I'm honored to be joining the Cott Board at a time
when the Company is clearly focused on taking the actions necessary
to grow shareowner value," commented Mr. Burnett. "My fellow board
members have a significant amount of talent and business experience
and I look forward to working with them to help Cott maximize the
opportunities ahead." About Cott Corporation ----------------------
Cott Corporation is one of the world's largest retailer brand
beverage suppliers whose principal markets are the United States,
Canada, the United Kingdom and Mexico. The Company's website is
http://www.cott.com/. Safe Harbor Statements ----------------------
This press release contains forward-looking statements reflecting
management's current expectations regarding future results of
operations, economic performance, financial condition and
achievements of the Company. Forward-looking statements,
specifically those concerning future performance, are subject to
certain risks and uncertainties, and actual results may differ
materially. These risks and uncertainties are detailed from time to
time in the Company's filings with the appropriate securities
commissions, and include, without limitation, stability of
procurement costs for raw and packaging materials, the Company's
ability to restore plant efficiencies and lower logistics costs,
adverse weather conditions, competitive activities by national,
regional and retailer brand beverage manufacturers, the Company's
ability to develop new products that appeal to consumer tastes, the
Company's ability to identify acquisition candidates, successfully
consummate acquisitions and integrate acquired businesses into its
operations, fluctuations in currency versus the U.S. dollar, the
uncertainties of litigation and regulatory review, loss of key
customers and retailers' continued commitment to their retailer
brand beverage programs. The foregoing list of factors is not
exhaustive. The Company undertakes no obligation to publicly update
or revise any forward-looking statements. DATASOURCE: Cott
Corporation CONTACT: Media Relations, Kerry Morgan, Tel: (416)
203-5613; Investor Relations, Edmund O'Keeffe, Tel: (416) 203-5617
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