Cadbury Schweppes Annual Report and Accounts 2005 - Our Business

Organisation structure and management

Regions and functions

We are organised into four business segments which we call regions, and six global functions, as depicted in the chart below. We sold the Europe Beverages region on 2 February 2006.

Each region is focused on commercial operations in its geographical and product area, and also maintains teams from each of the six functions. The four regions are: Americas Beverages; Americas Confectionery; Europe, Middle East and Africa; and Asia Pacific.

The functions are Global Supply Chain, Global Commercial, Science & Technology, Human Resources, Finance and Information Technology, and Legal. Since July 2005, responsibility for company secretarial matters has been separated from the legal function. Each function has a small central team based at Group Headquarters, and regional presences which are coordinated by the central team.

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This structure enables us to focus on delivering our commercial agenda and top-line growth, and allows the functions to develop and drive global strategies and processes towards best in class performance, while remaining closely aligned to the regions' commercial interests.

Read a description of the Regions and the Functions.

Board of Directors and Chief Executive's Committee

The Board is responsible for our overall management and performance, and the approval of our long-term objectives and commercial strategy.

The Chief Executive's Committee (CEC), which includes the leader of each region and function, reports to the Board and is responsible for the day-to-day management of our operations and the implementation of strategy. This team is responsible to the Board for driving high level performance of our growth, efficiency and capability programmes.

The CEC develops global commercial strategy, and addresses supply chain and major operating issues arising in the normal course of business. This includes reviewing the regions' and functions' performance contracts; and determining necessary action relating to financial policy, targets, results and forecasts. It approves some capital and development expenditures according to authorities delegated by the Board; reports to the Board on the Group's sources and uses of funds, cash position and capital structure; and reviews the structure and policy of Group borrowings. The CEC evaluates foreign exchange, interest rate and other risk management policies, and submits an annual risk management report to the Board. It also reviews proposed acquisitions and disposals, joint ventures and partnerships before submission to the Board, and reviews and approves legal and human resources matters.

Functions				Regions
Global Supply Chain Matthew Litobarski (to 30 Sept 2005) Steve Driver (from 31 Oct 2005) Global Commercial Nick Fell Science & Technology David Macnair Human Resources Bob Stack Finance and Information Technology Ken Hanna Legal Mike Clark (to 30 June 2005) Henry Udow (from 1 July 2005)		John Sunderland - Chairman Todd Stitzer - Chief Executive Officer Ken Hanna - Chief Financial Officer Bob Stack - Chief Human Resources Officer Group Secretary Mike Clark (to 30 June 2005) Hester Blanks (from 1 July 2005)		Americas Beverages Gil Cassagne Americas Confectionery Matt Shattock (to 28 Feb 2005) Jim Chambers (from 12 Sep 2005) Europe, Middle East and Africa Andy Cosslett (to 31 Jan 2005) Matt Shattock (from 1 March 2005) Asia Pacific Rajiv Wahi

Changes to the composition of the Board and CEC in 2005

In 2005 there were a number of changes to the Board and senior management of the Group.

Changes to senior management in 2005 were as follows:

John Sunderland became Non-Executive Chairman on 25 August, having previously been Executive Chairman;
Matt Shattock moved from President, Americas Confectionery, to President, Europe, Middle East and Africa;
Jim Chambers joined us as President, Americas Confectionery. Jim was previously President, Rémy Amérique, prior to which he was CEO of Paxonix, President and CEO of Netgrocer.com, Group President US business and e-commerce at IRI, and held senior roles at Nabisco;
Steve Driver was appointed President, Global Supply Chain following Matthew Litobarski's retirement. Steve joined us from ICI, where he led the North American Supply Chain function, prior to which he held roles with Unilever, Bestfoods, CPC, Smithkline Beecham and Nabisco;
Following Mike Clark's retirement as Chief Legal Officer and Group Secretary, Henry (Hank) Udow was appointed Chief Legal Officer. Hank joined the Group in 1987, and was most recently Group M&A Director. Also on Mike Clark's retirement, Hester Blanks was appointed Group Secretary. Hester joined the Group in 1984 and was most recently Legal Director, (Group).