Cadbury has announced that Ken Hanna, Executive Director and Chief
Financial Officer, has informed the Board of his decision to step down from
the Board in April 2009 after five years with the company.
Ken has confirmed that it is his intention to pursue a number of
non-executive appointments, including at Inchcape plc, which today has
announced his appointment as Chairman with effect from May 2009. Inchcape
is a UK listed FTSE 250 international car retailer with operations in 25
countries. Ken has been on the Board of Inchcape since 2001.
Roger Carr, Chairman of Cadbury said: “On behalf of the Board, I would
like to thank Ken for the outstanding contribution he has made to the group
as Chief Financial Officer. He has played a central role as we have
radically restructured the business both from an operations and a portfolio
perspective.”
Ken Hanna, Chief Financial Officer of Cadbury said: “It has been a
privilege to serve on the Cadbury Board and to work alongside Todd and the
rest of the executive team. I have every confidence that, as a focused
confectionery company, Cadbury will deliver on its full potential. I will
remain committed to the Company’s success while completing a smooth handover
to my successor next year.”
An external search for Ken Hanna’s replacement has
commenced.