TORONTO, Dec. 8 /PRNewswire-FirstCall/ -- Cott Corporation (NYSE: COT; TSX: BCB) today announced that Robert J. Flaherty, an 18-year professional in the beverage industry, has been named president of its US business unit. In addition, Flaherty was also named an executive vice president of Cott Corporation. He will assume this role on January 3rd, 2005.
"We are delighted to have Bob lead our US business," said John K. Sheppard, Cott''s President and Chief Executive Officer. "His diverse experience in the beverage industry and his demonstrated accomplishments in delivering results will provide strong leadership for our US team."
Flaherty''s experience includes 18 years at Pepsico and The Pepsi Bottling Group where his executive responsibilities ranged across finance, strategic planning, sales and marketing to general management of a number of U.S. business units. Most recently, he ran a consulting company, providing services to corporate clients and private equity firms.
In announcing the appointment, Sheppard pointed out that Flaherty''s broad experience in all aspects of the beverage industry will be well utilized at Cott. "We are confident that Bob will make a significant contribution to ensuring that we are best positioned to support our customers and their commitment to building retailer brand programs. His contributions will enable Cott to take advantage of ongoing growth opportunities in the United States, Cott''s largest market."
Flaherty holds an MBA from Dartmouth and a BA from Princeton University. He will be located in Tampa, Florida, headquarters of Cott''s US business.
About Cott Corporation
Cott Corporation is the world''s largest retailer brand soft drink supplier, with the leading take home carbonated soft drink market shares in this segment in its core markets of the United States, Canada and the United Kingdom.
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, 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, 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.
Cott Corporation
"We are delighted to have Bob lead our US business," said John K. Sheppard, Cott''s President and Chief Executive Officer. "His diverse experience in the beverage industry and his demonstrated accomplishments in delivering results will provide strong leadership for our US team."
Flaherty''s experience includes 18 years at Pepsico and The Pepsi Bottling Group where his executive responsibilities ranged across finance, strategic planning, sales and marketing to general management of a number of U.S. business units. Most recently, he ran a consulting company, providing services to corporate clients and private equity firms.
In announcing the appointment, Sheppard pointed out that Flaherty''s broad experience in all aspects of the beverage industry will be well utilized at Cott. "We are confident that Bob will make a significant contribution to ensuring that we are best positioned to support our customers and their commitment to building retailer brand programs. His contributions will enable Cott to take advantage of ongoing growth opportunities in the United States, Cott''s largest market."
Flaherty holds an MBA from Dartmouth and a BA from Princeton University. He will be located in Tampa, Florida, headquarters of Cott''s US business.
About Cott Corporation
Cott Corporation is the world''s largest retailer brand soft drink supplier, with the leading take home carbonated soft drink market shares in this segment in its core markets of the United States, Canada and the United Kingdom.
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, 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, 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.
Cott Corporation
